Personal Finance

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Latest Personal Finance News

American Express savings account rates

Image by Adobe Stock; Illustration by Bankrate American Express is best known for its credit cards, but it also offers…

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Tax Refunds Creep Towards $100 Billion As Tax Filing Season Marches On

The IRS officially opened tax season more than a month ago—on January 29, 2024—and as the days have ticked by,…

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Student Loan Forgiveness Gets Accelerated For Some Borrowers In Surprise Biden Announcement

The Biden administration announced this week that the Education Department will be accelerating student loan forgiveness for a cohort of…

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I’m Selling My House and Netting $800k. Can I Avoid Taxes While Downsizing for Retirement?

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000…

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Is the Chase Sapphire Reserve worth it?

Key takeaways The Chase Sapphire Reserve® is one of the best premium travel cards on the market, offering a host…

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Five Medical Expenses You Can Deduct on Your Taxes

Taxpayers can deduct medical expenses by itemizing them on their taxes. However, these deductions may be out of your reach…

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5 Predictions For Banking And Fintech In 2024

OBSERVATIONS FROM THE FINTECH SNARK TANK Having complained in a recent post on LinkedIn that a lot of the predictions…

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Ally Bank savings account rates

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…

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Personal loans vs. home equity loans: Which is right for you?

Key takeaways Personal loans and home equity loans can provide a much-needed source of funding if you need cash. Personal…

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Should I close my credit card if I have a high interest rate?

Key takeaways A high interest rate on your credit card is typically only an issue if you often carry a…

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