Key takeaways Ethereum is a cryptocurrency and decentralized platform that can be the basis for smart contracts and other apps. Ethereum runs on a proof-of-stake system, making it more energy efficient than Bitcoin’s proof-of-work system. Investing in Ethereum is speculative and driven by market sentiment. Ethereum is among the most…
Key takeaways Early withdrawal fees on CDs usually cost between 90 and 365 days of interest. Generally, the longer the CD term, the higher the penalty. If you need funds right away to cover a large, unexpected expense, it might be worth liquidating your CD early. Strategies such as CD…
Key Takeaways Reduce high-interest credit card debt to improve credit and cash flow Build an emergency fund to handle unexpected costs without new debt Improve and monitor your credit score for better loan terms Save for a down payment and closing costs (and explore assistance programs) Keep your financial profile…
kate_sept2004/GettyImages; Illustration by Hunter Newton/Bankrate Key takeaways When you assume a mortgage, you take over payment for a loan at its existing interest rate and terms. Most government-backed loans, such as FHA or VA loans, are assumable. Most conventional mortgages aren’t. An assumable mortgage can offer a better interest rate…
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New York startup Casap has raised $25 million in new funding to help banks tackle the thorny problem of credit…
Many people in economics, finance, business, and regular consumer life have been waiting for the forecast inflation, the tariff shock,…
President Trump’s 2026 budget would freeze spending for many services for older adults, deeply cut others, continue his efforts to…
The Trump administration is clamping down on federal student loan defaults; at the same time, Republican lawmakers in Congress just…
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Viorel Kurnosov/Getty Images Key takeaways Bank account bonuses typically range from $50 to $500, with some premium offers reaching $1,000 or more for business accounts. Most bonuses require meeting specific criteria like minimum deposits, direct deposits or debit card purchases Bankrate tracks the best current…
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Smart Shopping for School Supplies and Clothes Buy only the essentials immediately, and purchase remaining items as last year’s supplies are used up.…
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OBSERVATIONS FROM THE FINTECH SNARK TANK In 2022, President Biden signed an executive order directing the government to develop a framework for digital…
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How to Support a Partner With Debt – Ask Them: Are You Open to Advice or Support? Not everyone wants help, but if you’re looking for how to support a partner with debt, there are some helpful ways to provide support — whether it’s budgeting together, finding affordable ways to…
If you’ve opened a Roth IRA, you’ve already laid the foundation for one of the most important parts of your life: putting money away for your post-working years. However, opening a Roth IRA is only the first step to a smart retirement saving strategy. Optimizing your Roth IRA to its…
Citi is an advertising partner. Key takeaways Balance transfer credit cards allow cardholders to move debt to a new credit card while saving money on interest payments with an introductory APR offer. The Citi® Diamond Preferred® Card has a longer-than-typical intro APR offer, giving you more time to make inroads…
Key takeaways Sending money with a credit card can be convenient, but it typically comes with fees and higher-than-usual interest rates that can add up for big transactions. Apps like Cash App, PayPal and Venmo allow you to send money through their platforms with a credit card, while Apple Cash,…
Hero Images Inc/Getty Images Key takeaways Many Americans have 401(k) plans through their employers, and some of them will be able to manage the account themselves. However, for those who are uncomfortable making investment decisions, working with a financial advisor can provide peace of mind. The main disadvantage of hiring…
Image by Getty Images; Illustration by Bankrate Key takeaways Forgiveness at the end of an income-driven repayment plan will be taxable beginning in 2026, potentially resulting in large tax bills for low-income borrowers. Most public service and occupation-based student loan forgiveness programs remain tax-free, including Public Service Loan Forgiveness (PSLF)…
AaronP/Bauer-Griffin / Contributor/Getty Images A bank failure occurs when a state or federal regulator closes it, typically after determining that it’s insolvent. When this happens, the Federal Deposit Insurance Corp. (FDIC) steps in to cover member banks’ insured deposits. Regardless of its size, the bank is insured, provided it’s a…
U.S. home prices have been on a roll. Defying the downward pull of an affordability squeeze and elevated mortgage rates, home values keep setting records. In fact, the National Association of Realtors (NAR) just reported 24 consecutive months of year-over-year price increases. When might this momentum finally reach its limits?…
Key takeaways The Capital One Spark Cash Plus and Ink Business Cash® Credit Card from Chase are both solid cash back cards for small business owners. The Capital One Spark Cash Plus is a better fit for high spenders (over $150,000 per year) who don’t mind paying an annual fee…
Key takeaways If you’re looking for a corporate card that helps ease the pain of managing expenses, the BILL Divvy Corporate Card could be a smart option. This card offers built-in tracking tools, accounting software integrations and spend controls. With the BILL Divvy Corporate Card, you have the…
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