Category: Personal Finance News
Stay ahead of the curve with the latest personal finance news. Our team of financial experts curates the latest news, trends, and analyses impacting your money. We’ll keep you informed on the stories that matter most to your financial well-being.
Personal Finance News
Youth-Focused Neobank App Step Introduces 5% APY Offer
by Kyle Burbank
An all-in-one financial platform aimed at young adults is hiking the interest rate that customers can earn on their money. In fact, Step will now enable users to earn a rate that's more than 12 times the national average. Effective now, Step is offering up to 5% APY on savings (up to $250,000 in funds). However, to earn this, cusomers will need to make a qualifying monthly direct deposit of...
Personal Finance News
48% of Americans Worry About Money in Banks Following Failures
by Kyle Burbank
Following a series of bank failures in recent weeks, some Americans may be wondering about just how safe their deposited funds are. With that in mind, a new poll from Gallup sought to measure banking consumer confidence — and compare those results to a pair of 2008 surveys. According to the poll, a total of 48% of respondents expressed worry about the safety of funds they had deposited with banks...
Personal Finance News
Debt.com Highlights Finance TikTok Creators with New Award
by Fioney Staff
When most people think of TikTok, they likely think of teenagers doing viral dances or perhaps imagining some of the various dangerous "challenges" that have often made national news. Despite this, the controversial app has proven to be a diverse source for not only entertainment but also information. Now, one site has taken it upon themselves to highlight some of the best personal finance content that can be found on...
Personal Finance News
Half of Americans Cite Finances as Hurdle to Achieving Bucket List
by Fioney Staff
Do you have a "bucket list" of your own? If so, you're certainly not alone. However, your ability to achieve these items may be impacted by outside factors, including your finances. According to a new survey from online bank Ally, 84% of adults report having a bucket list — meaning goals they want to reach or experiences they want to have before they die. Unfortunately, many respondents also said that...
Personal Finance News
Apple Card Savings Account Rolls Out Offering 4.15% APY
by Fioney Staff
Last fall, Apple announced plans to expand its line-up of financial products by adding a high-yield savings account option for Apple Card customers. Now, that offering is here as Apple Card Savings is now availalbe to Apple Card customers. At launch, the new account earns a rate of 4.15% APY. After setting up a Savings account, Apple Card users will be able to automatically deposit their Daily Cash cashback earnings...
Personal Finance News
WalletHub Report Ranks Most and Least Financially Literate States
by Fioney Staff
Which state has the most financially literate citizens? A new report from the personal finance site WalletHub attempts to answer that question by ranking all 50 states (plus the District of Columbia) based on a number of data points and criteria. In order to compile its list, WalletHub scored states in three different categories. First, it used data from its WalletLiteracy survey, which has garnered more than 39,000 responses to...
Personal Finance News
Zurp Launches Card and Banking Account Aimed at Gen Z
by Fioney Staff
A new FinTech called Zurp is ready to make its debut. Today, the startup launched its debit card/secured credit card product in tandem with a savings account. These offerings are powered by First Pryority Bank and are designed to appeal to Gen Z given the account focus on rewards and experiences. With the Zurp Card, customers can earn 8 points per dollar spent on dining, groceries, travel & entertainment, and...