Key Takeaways Robinhood Gold Card earns 3% cash back on every purchase, with no caps or bonus categories to remember. A Robinhood Gold subscription is required to be eligible for the card, which costs $5 per month (or $50 per year). The card features travel perks, purchase protections, virtual card numbers and more. With free…
Key Takeaways Airline credit cards earn miles for that specific airline and include perks similar to elite status, such as free checked bags, priority boarding and in-flight discounts. General travel cards earn flexible points that can be redeemed for travel, cash back, gift cards and more or transfer to airline and hotel partners. Some travelers…
Some of the links on this site contain offers from our partners. Key Takeaways Most credit cards issued to those with fair or good credit give you at least 21 days to make a payment before interest is charged, but it’s always wise to be verify your grace period in your cardholder agreement. When it…
Key Takeaways Default happens when you fail to make payment on your student loans – typically for 270 days, though the timeline can vary by lender – and can result in wage garnishment, withholding of federal tax refunds and a damaged credit score. Options like repayment assistance or loan deferment may help you avoid default. …
Key Takeaways A mistake at the bank might require a simple phone call to your local teller or involve a visit to the branch to speak to someone. It’s important to keep notes if resolving the issue will take multiple steps. If you’ve experienced fraudulent charges, it’s important to notify the bank as quickly as…
Key Takeaways You may be able to take out a penalty-free loan from your 401(k) to buy a home, but you’ll still owe taxes on the amount you withdraw. Withdrawals over the limit or that don’t qualify for penalty-free withdrawal are still subject to a 10% penalty for borrowers under 59 ½. The amount you’ll…
Key Takeaways Women have only had the right to access credit for 50 years, and additional laws have since passed that promote gender equality at the bank, in the boardroom and beyond. Equal financial access is imperative for personal and professional growth, in addition to safety. Issues such as the gender pay gap still persist…
Key Takeaways A collateral loan is secured by something with significant value that your lender may seize if you default. Examples include mortgages and vehicle loans. Personal loans can also be secured by cash, your car, or stocks and bonds. Going with a secured personal loan could increase your chances of approval or get you…
Key Takeaways You can take a mortgage interest tax deduction for tax year 2023 if you paid mortgage interest for a home that is your principal or second residence. In order to use the mortgage interest tax deduction, you must itemize your taxes. With higher mortgage interest rates, it might be worth it for more…
Key Takeaways The Consumer Financial Protection Bureau announced a new rule capping late fees at $8 for credit card issuers with more than 1 million open accounts. Once in effect, it’s estimated that the new rule will save people who make late payments an average of $220 per year, totalling more than $10 billion overall….
