Personal Finance: What You Need To Know Today

Category: Personal Finance

Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.

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Personal Finance

CFPB Sues Three Major Banks Over Fraud Issues on Zelle

by Kyle Burbank
The Consumer Financial Protection Bureau (CFPB) is taking aim at three top banks as well as the operator of Zelle, alleging rampant fraud on the platform that the companies have failed to stop. About the suit: In a press release, the CFPB announced that it was suing three of the country's largest banks — Bank of America, JPMorgan Chase, and Wells Fargo — as well as Zelle operator Early Warning Services....
Varo Bank and CVS logos with location map
Personal Finance

Varo Bank Now Offers No-Fee Cash Deposits at CVS Locations

by Kyle Burbank
FinTech-turned-bank Varo has announced a new money-saving perk for customers. About the no-fee deposit feature: This week, Varo Bank revealed a collaboration with both Green Dot and CVS that will benefit accountholders. Now, customers can deposit cash into their Varo account at CVS with no fee. In total, there are more than 7,500 participating CVS locations in the United States, although some exceptions include those found in Target stores, within...
JetBlue plane flying about clouds
Personal Finance

JetBlue Offering Perks for Sustainable Aviation Fuel Contributions

by Kyle Burbank
While JetBlue continues its efforts to become greener, it's offering flyers a chance to earn potential status while helping the airline meet its goal. About SAF and JetBlue's contribution incentive: JetBlue has announced a special promotion where customers can earn Tiles toward Mosaic status when contributing to the airline's efforts to lower carbon emissions. Sustainable Aviation Fuel (SAF) is an alternative jet fuel that, when compared to fossil-based fuels, can...
Sofi Invest logo and app
Personal Finance

SoFi Announces Surpassing 10 Million Member Milestone

by Kyle Burbank
A FinTech giant (and full-fledged bank) has just announced its latest growth accomplishment. About SoFi's milestone: This week, SoFi revealed that it recently surpassed 10 million members. That figure includes nearly 2.5 million members who have joined the platform since the start of calendar 2024. SoFi also reports that, in less than five years, its customer base has grown more than nine fold. Along with this news, SoFi provided some...
Pay debt note
Personal Finance

Survey: 72% of Consumers Resolve to Pay Down Debt in 2025

by Kyle Burbank
A recent survey asked consumers about their financial resolutions as 2025 approaches. About the survey results: According to a survey conducted by BadCredit.org, nearly three-quarters (72%) of consumers have a goal to pay down at least a portion of their debt in 2025. In particular, 49% say they intend to prioritize decreasing their credit card debt. As for how respondents plan to achieve this goal, 46% intend to increase their...
collage of personal finance book covers
Personal Finance

Top 10 Personal Finance Books to Get 2025 Off to a Good Start

by Kyle Burbank
Not to alarm you, but 2025 is now mere weeks away. In turn, millions of people are growing introspective and considering what they may want to achieve, change, or do in the new year. For many, money is at least a part or factor for many of these goals. That's why I figured now is a good time to highlight 10 personal finance books (plus one bonus pick) that I've...
Current Build Card
Personal Finance

Neobank Current Reveals $200 Million in New Capital

by Kyle Burbank
A popular neobank has announced an injection of new capital as it nears profitability. About the funding and more: Current has reported receiving $200 million in fresh capital. These funds came from existing investors Andreessen Horowitz, Wellington Management, and Avenir. New investors General Catalyst and Cross River Bank also participated. Prior to this, Current had raised a total of $402.4 million, including a $220 million Series D in 2021 (led by...
woman holding an Atlas Card
Personal Finance

Atlas Card Announces $27 Million in New Funding

by Kyle Burbank
A FinTech offering an invite-only charge card has raised a new round of funding for its premium product. About the funding round: Atlas Card has revealed that it has raised $27 million in financing. The Series B was led by Michael Gilroy and Gokul Rajaram's Marathon, while angel investors such as Eric Schmidt, Olaf Carlson-Wee, and Anton Levy also participated. This comes as, according to Atlas, it has surpassed $200 million in annualized spend volume for...
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Travelers with two Best Western Credit Cards
Credit Card News

Best Western Debuts Two New Rewards Credit Cards

by Kyle Burbank
After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation
Credit Card News

Marriott Bonvoy Bold Card Launches Travel Contest

by Kyle Burbank
Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos
Credit Card News

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

by Kyle Burbank
Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024
Best of the Web

Top 10 Personal Finance Articles of the Month — September 2024

by Kyle Burbank
Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...
Checking Account Review

2024 SoFi Checking and Savings Review

by Kyle Burbank
Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...