JPMorgan Chase & Co. (NYSE: JPM) reported third-quarter 2020 results before markets opened Tuesday. The investment bank and financial services giant posted diluted earnings per share (EPS) of $2.92 on managed (adjusted) revenue of $29.94 billion. In the same period a year ago, the big bank said it had EPS […]
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Prime Day Deal: $10 Free Amazon Credit When You Buy a $40 Gift Card
Amazon’s Prime Day is here, and with it have come a huge collection of great deals on all kinds of stuff ranging from PCs and Apple products to Blu-rays, 4K TVs, and more. But there’s only one deal that actually pays… you. You’ll get more money back than you put […]
NJ nursing home employee charged with stealing residents’ credit cards
CLOSE You may suspect elder abuse, whether physical or financial, for several reasons. Staunton News Leader MONROE – An assisted living facility employee was arrested for allegedly stealing residents’ credit and debit cards and using them to make purchases for herself. Princess Sanu, 22, of Hightstown, an employee at Chelsea […]
Amazon Prime Day 2020: Get a $10 Credit When You Buy $40 in Amazon Gift Cards
It’s finally here! Amazon Prime Day has arrived and brought with it tons of deals as well as the ultimate gift to give this holiday season: an Amazon Gift Card. In this extremely convenient Prime Day offer, get a $10 credit when you buy $40 in Amazon Gift Cards. Some restrictions apply, […]
JPMorgan Posts Surprise Jump in Profit on Lower Credit Costs
(Bloomberg) — JPMorgan Chase & Co., in its third quarter under the shadow of the pandemic, showed that the surge in trading is holding up — and so are borrowers. Load Error The biggest U.S. bank posted a surprise increase in earnings, fueled by a 30% jump in markets revenue […]
AM Best Affirms Credit Ratings of Journey Insurance Company
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Journey Insurance Company (Journey) (St. Petersburg, FL). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Journey’s balance sheet strength, which AM Best categorizes as very strong, […]
44% of Americans Plan to Apply for Store Credit Card This Holiday Season; Big Jump From 2019
CHARLOTTE, N.C., Oct. 12, 2020 /PRNewswire/ — A lot more Americans say they’re likely to apply for a store credit card this holiday season than did in either of the previous two years, according to a new report from CompareCards by LendingTree. That’s despite the fact that more than half (56%) […]
Credit Suisse Set to Hire Ex-BofA Investment Banker Meissner
(Bloomberg) — Credit Suisse Group AG is set to hire Christian Meissner, Bank of America Corp.’s former investment bank head, as it seeks to link up its richest customers with deals sourced by its securities unit. Load Error Meissner will co-head a newly created group connecting the bank’s wealthiest clients […]
Borrowers urged to move debt to a new balance transfer credit credit
© Provided by This Is Money MailOnline logo Borrowers are being urged to move debt to a new balance transfer credit card before the best deals disappear. There are just 66 balance transfer cards on the market, compared with 94 last year, according to finance analysts Defaqto. Balance transfer cards […]
JPMorgan (JPM) Q3 Earnings Top on Lower Credit Cost, Trading
Unexpected lower provisions along with improvement in trading and mortgage banking businesses drove JPMorgan’s JPM third-quarter 2020 earnings of $2.92 per share. The bottom line handily outpaced the Zacks Consensus Estimate of $2.35. Results included legal expenses of $524 million or 17 cents per share. Excluding these, earnings amounted to […]
How does refinancing a mortgage affect your credit score?
Credit checks could lower your score; learn how to protect it. (iStock) The pandemic has impacted the finances of many Americans — some good, some bad. Focusing on the positive here, national mortgage refinance rates have dropped to near-record lows. Since March 2020, the Federal Reserve has cut interest rates twice to […]
Marriott credit cards: Current welcome bonuses in 2020
This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on the page are from our partners like Citi and American Express, but our coverage is always […]
Consumers showing new interest in store credit cards
Photo (c) alexialex – Getty Images An unusually large number of consumers have expressed interest in signing up for a store credit card this holiday shopping season. The survey, conducted for CompareCards, found that 44 percent of Americans say they’re at least somewhat likely to apply for a store card […]
Your Plan To Get Out of Credit Card Debt, From an Expert
Socio-economic position impacts a person’s baseline ability to live well. With Change Matters, financial experts provide info and actionable advice to increase financial literacy, allowing people to lay the foundation necessary to build wealth and financial health. Read more stories from Change Matters Debt has been a part of society […]
Aussie banks BAN customers using credit cards on gambling services
© Provided by Daily Mail MailOnline logo A bank has banned its customers from using credit cards on any gaming or gambling services, sparking backlash from customers who claim McDonald’s will be next for selling unhealthy food. Bank Australia has informed its customers they will not be allowed to make […]
Bank Australia bans customers from gambling with its credit cards, joining a growing list of banks taking anti-gaming measures
Supplied: Bank Australia Bank Australia has written to its customers informing them that the bank’s credit cards can’t be used for gambling transactions from December 1 this year. This move brings Bank Australia in line with a number of Australian banks, such as Macquarie Bank and Suncorp, and international banks […]
4 Ways for Couples to Maximize Their Credit Card Rewards
It’s simple, easy, and even fun to team up with your partner and earn more back using rewards credit cards. Earning credit card rewards is often done alone, but it doesn’t have to be. Couples who work together can benefit quite a bit, potentially even doubling their total credit card […]
How does the Fed rate cut affect your mortgage and credit cards?
Near-zero federal funds rates help reduce interest rates for consumers across the board. (iStock) In March, the Federal Reserve slashed interest rates to near zero in response to the coronavirus pandemic and ensuing economic downturn. In September, the agency’s chair, Jerome Powell, announced that it would keep rates at that level […]
Best Amazon credit cards of 2020
© iStock CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through The Points Guy affiliate network if you apply and are approved for a card, but our reporting is always independent and objective. Load Error Amazon’s […]
Petal Announces New Card for Low to Fair Credit Scores
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Last week, the fintech company Petal added a new credit card to its portfolio, the Petal 1 card. Like the original Petal Visa Card—now referred to as the Petal 2—the new card is for people with less-than-stellar credit. However, some of the terms are less appealing than the Petal 2’s, […]