Personal Finance News Round-Up: November 2023
Each month, the Money@30 YouTube channel rounds up the top personal finance, credit card, and travel news. Now, we here at Fioney are pleased to present these quick and to-the-point video digests with our readers. Dive into the November 2023 round-up video and go even deeper into the stories below.
American Express and Hilton have updated two of their co-branded credit card: the Hilton Honors Surpass and Hilton Honors Aspire. While both cards have gained some new perks, they’ve also removed some other benefits. On top of that, as you can imagine, the annual fees for each have been hiked.
In some out-of-left-field news, the site NerdWallet has debuted its own credit card. However, rather than launch a traditional rewards card, the NerdUp card is a secured credit product. Nevertheless, customers can earn 1% back on purchases — and increase their credit limit in the process.
Believe it or not, the popular budgeting app Mint is going away. Word of this impending closure came from the platform’s parent company Intuit, which says that some of the app’s features will move over to Credit Karma. Of course, just how much of Mint will be found on the site remains to be seen.
If you’re looking to move your existing brokerage account, Robinhood is willing to make it worth your while. Through December 8th, those who transfer assets via ACATS can earn a 1% bonus. That said, in order to retain this bonus, you will need to keep your assets with Robinhood for at least two years.
Completing the three-month saga of Delta’s announced SkyMiles and Sky Club changes, the airline has officially made positive adjustments — while stopping short of a complete reversal. First, Delta has lowered the MQD requirements for all tiers of 2025 Medallion status (at least lowered from the initially revealed levels). Plus, Amex Platinum and Delta SkyMiles Reserve cardholders will gain more allotted visits than originally planned.