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.

exchanging money over a handshake

Survey Highlights Why Lending Money to Friends is Ill-Advised

At this point, we all know that lending money to friends or family is likely not a good idea. Nevertheless it's human nature to want to help out when loved ones ask for assistance. Unfortunately, as a new survey by Bankrate reinforces, financial favors between loved ones can often come with negative consequences. In a survey of 2,490 adults, 60% reported lending cash to a friend or family member with...
SoFi Invest logo Bluestone Coffee logo

Clever SoFi Stunt Rewards Investors with Free Coffee

When it comes to personal finance advice, you don't need to go too far to find talk of coffee. The commonly-cited "Latte Factor" shows how much consumers could save if they cut out that daily latte and invested the funds instead. Meanwhile others have pushed back on this concept, leading to a coffee war of sorts. Well, in response, the FinTech firm SoFi has come up with a clever promotion...
Amazon logo

Amazon Bringing Cash Payment Option to the U.S.

Since launching in the mid-90s, Amazon has grown from a novel online bookselling startup into one of the largest retailers in the world. However, while online shopping has become the preference for many who value convenience, one problem is that most e-commerce sites require customers to use a credit or debit card to pay for their goods. In response, Amazon is introducing a new program that will make it easier...
Capital One Walmart Rewards Mastercard

Walmart Launching Co-Branded Credit Card with Capital One

Bentonville-based retailer Walmart is refreshing their credit card offerings, upping the rewards to put an emphasis on online shopping and mobile payments. This week the company announced a partnership with Capital One to create the Capital One Walmart Rewards Mastercard while also releasing a store card dubbed the Walmart Rewards Card.  These new offerings will replace the current cards Walmart has with Synchrony, with the retailer advising that cardholders will...
a retired couple walking on the beach

WalletHub Ranks Best and Worst Retirement Cities for 2019

What's the best place for retirees to live after they hang up their hat? WalletHub has a few ideas. Previously the personal finance site has ranked the top states for retirees but now a new study looks specifically at the best and worst retirement cities. To determine their rankings, WalletHub considered four main factors for each city: affordability, activities, quality of life, and health care. In terms of affordability, adjusted...
Millennial woman driving a car

Average Millennial Auto Debt Rises in Q2 2019

As we recently learned, this holiday weekend, a great number of Americans will be shopping for new vehicles. While this time of year might offer some strong deals and incentives, it seems that many Millennial car buyers are taking on more auto debt than they have in recent years.  In fact a new report by Experian finds that the average balance for consumers of this generation is on the rise....
Labor Day car sale

77.5 Million Americans Plan on Car Shopping This Labor Day Weekend

In America, it seems certain holidays become associated with different shopping events — the largest example being the day after (or, in recent years, day of) Thanksgiving sales known as Black Friday. With summer nearing its end one such retail holiday is just around the corner, as Labor Day has become partially synonymous with car buying blowouts. In fact, ahead of the holiday weekend, the personal finance site WalletHub has...
2019 College Student Financial Survey

What Do College Students Know About Credit Cards?

This month, millions of newly-graduated students are setting off to college. For these freshmen, this may be the first time they've left home and will be responsible for making their own day to day decisions — including managing their money. On that note, the personal finance site WalletHub recently released a survey showing what college students do and, more interesting, don't know about credit cards. Headlining the study, WalletHub found...
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2025 SoFi Checking and Savings Review

 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

Best Western Debuts Two New Rewards Credit Cards

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

Marriott Bonvoy Bold Card Launches Travel Contest

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

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

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

PayPal Debit Card Review: Earn Stackable 5% Cash Back

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,...