Fioney Staff
Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Economic News
WalletHub Highlights Most Financially Distressed Cities Amid Pandemic
by Fioney Staff
There's no doubt that the COVID-19 pandemic has affected every American and billions of other people around the world. That said, the economic impacts that have been a side effect of the outbreak have been felt more in certain American cities. That's why the personal finance site WalletHub recently compiled a list of the most financially distressed locations amid the pandemic. To arrange the list WalletHub looked at the 100...
Personal Finance
IRS Announces 2021 Tax Brackets, Saver's Credit Eligibility Limits
by Fioney Staff
At long last, the end of 2020 is now in sight. Ahead of 2021's arrival, this week the Internal Revenue Service revealed a number of changes that will impact the 2021 tax year. This includes making inflation adjustment to key parts of the tax code including marginal tax rate brackets, the standard deduction, IRA contribution deduction eligibility limits, and more. First up, the new year will bring modest adjustments to...
Credit Card News
American Express Expands Uber Partnership, Adds New Credit to Gold Card
by Fioney Staff
At a time when Americans are continuing to eat-in more, American Express and Uber have announced that they're expanding their partnership and bringing new perks to Amex customers. First up, the popular American Express Gold card will be introducing a new monthly Uber credit. Starting "early next year," Gold cardholders will earn $10 a month ($120 a year) in Uber Cash that can be used for eligible rides or Uber...
FinTech News
Acorns App Launches Job Finder Powered By ZipRecruiter
by Fioney Staff
Those seeking a side hustle, additional part-time job, or new career now have another resource for finding available positions. This week, the micro-investing app Acorns unveiled a new job finder tool, with listings powered by ZipRecruiter. To find this feature, users will first want to navigate to the "Earn more money" section (formerly "Found Money") and then tap the "Earn from a new job" banner near the top of the...
Small Business News
JPMorgan Chase Introduces New Card Readers for Small Businesses
by Fioney Staff
It seems as though one big bank is looking to appeal to small business owners, introducing a new set of banking and payment solutions. This week, JPMorgan Chase announced the debut of its Business Complete Banking offering, which includes QuickAccept — a new mobile card reader tool that will allow businesses to accept credit cards and contactless payments. While the account will carry a $15 a month service fee by...
Personal Finance
Average FICO Score Climbed to New Record High in July
by Fioney Staff
Believe it or not, credit scores are now at the highest level they've ever been. This week, FICO revealed that the average credit score in the United States reached 711 as of July. The new average is five points higher than what was seen one year ago and three points higher than in April of this year. Looking further back, it's an impressive gain from when the average first broke...
Credit Card News
American Express Introduces Increased Welcome Bonus for Gold Card
by Fioney Staff
For those in search of a card that will reward them for everyday expenses such as dining and grocery shopping, as well as benefit them once their travels resume, American Express may have just revealed a worthwhile deal. Currently, American Express is offering a special welcome bonus for the Gold card. Now, new cardholders can earn 60,000 Membership Rewards points when they spend at least $4,000 in their first six...