Personal Finance News

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.

America's Financial Setback: will 2023 be better?
Personal Finance News

Majority of Americans Found 2022 to Be Economically Difficult 

by Fioney Staff
With 2022 coming to a close, many are now looking ahead to the new year. Unfortunately, it seems that some consumers have had a rough financial year that's left them pessimistic about what's ahead. According to Slickdeals' survey of more than 2,000 Americans, 58% of respondents described 2022 as being "economically difficult." This was a major change from 2021 when only 15% of those surveyed said the same. In fact,...
financial graphs with a man writing in a ledger
Personal Finance News

Survey Finds Majority of Millennials Willing to Change Banks

by Fioney Staff
As the year comes to a close and Americans set resolutions, it looks as though a number of consumers will be seeking a new banking account in 2023. A recent survey conducted by the FinTech M1 found that 71% of Millennials surveyed would consider changing their primary bank in order to receive a higher annual percentage yield (APY) on their funds. That figure rose to 79% among those intending to...
holding a gift and a credit card
Personal Finance News

Survey: 35% of Consumers Likely to Open Store Card for Holidays

by Fioney Staff
With Christmas Eve coming up on Saturday, millions of Americans will be doing some last-minute holiday gift shopping this week. As they do, they're sure to encounter offers from various retailers to open a store credit card. Oftentimes, these pitches will come with a discount or other perks that might appeal to shoppers in the moment but may not be so great in the long run. Despite this, a new...
map of the US states by credit card debt
Personal Finance News

Study: States with the Highest Credit Card Debt-to-Income Ratios

by Fioney Staff
One of the surprising financial developments during that pandemic is that average credit card debt actually declined thanks in part to Americans traveling less and using stimulus checks to pay down balances. However, with inflation and interest rates rising since then, balances have begun to rise once again. Recently, the site Upgraded Points released a new study looking at the credit card debt load of residents in the United States...
happy travelers
Personal Finance News

Best Western Rewards Reveals Holiday Bonus Point Opportunity

by Fioney Staff
As millions of Americans gear up for their holiday travels, one well-known hotel chain has announced a new promotion that could yield customers some sizable bonuses. Between now and February 5th, Best Western Rewards customers can earn up to 20,000 bonus points over the course of four stays. After their first eligible stay, they'll earn 2,000 bonus points followed by 4,000 after their second stay, an additional 6,000 after their...
Robinhood retirement account app screenshots
Personal Finance News

Robinhood Reveals More Details on Upcoming Retirement Account

by Fioney Staff
After officially announcing plans for retirement accounts during an earnings call last month, Robinhood has now revealed more details about the upcoming feature and opened a waitlist for customers. First, Robinhood Retirement will offer both Roth and Traditional IRAs to users. With these accounts, customers will be able to invest in stocks and ETFs. Additionally, accountholders will be able to craft a custom portfolio and will be able to view...
image of a stroefront
Personal Finance News

WalletHub Highlights 2022 Black Friday Trends and Best Deals

by Fioney Staff
In just a few days, the 2022 holiday shopping season will officially kick off with Black Friday. Ahead of that date, the personal finance site WalletHub has released its latest annual report looking at the trends and top deals shoppers can expect this year. According to WalletHub's findings, the retailer with the largest average discounts this Black Friday is JC Penney. The well-known anchor store is no stranger to this...
Frontier airplane
Personal Finance News

Frontier Airlines Introduces "GoWild!" All-You-Can-Fly Annual Pass

by Fioney Staff
Having lost out on the chance to acquire Spirit Airlines, Frontier is making a splash in a different way and offering flyers a unique opportunity. This week, the budget airline announced the launch of its GoWild! pass that essentially entitles passengers to 12 months of unlimited Frontier flights. What's more, for a limited time, the new pass can be purchased for $599 — which is a fraction of the $1,999...
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Checking Account Review

2025 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. That was later 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 is SoFi’s acquisition of Golden Pacific...
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...
PayPal Debit Card app
Checking Account Review

PayPal Debit Card Review: Earn Stackable 5% Cash Back

by Kyle Burbank
In recent weeks, PayPal debuted an updated debit card product (perhaps you've seen the incessant Will Ferrell commercials for it during football games?). With the launch of this card, the company known for online payments is encouraging customers to pay with them anywhere. To encourage such behavior, the debit card allows cardholders to earn 5% cashback — although, as you can imagine, there are some important restrictions on that. So,...