Feed The Curiosity
In the general sense of purchasing a stock, a cash account in brokerage means you need to pay for everything you want to buy. Or in other words, you’re not allowed to borrow to pay for transactions. Specifically, when it comes to a cash account in Robinhood, the organization clearly states that your money/funds need […]
Known for its luxury fashion and unique expressive merchandise, the Saks Fifth Avenue websites & stores invite an elevated level of shopping experience. But given its high-end qualitative products, the items cost accordingly. Luckily, if you’re an American Express Platinum cardholder, and if you time things perfectly, you can earn up to $100 statement credit […]
American Express is famously recognized for its charge cards, with Amex Platinum and Gold card perhaps being the top two. These cards function differently than regular credit cards and have unique benefits such as not having a present spending limit. However, the traditional advice for such cards — with respect to balances is to pay […]
American Express claims that in 2020, eligible card members who participated in their “Amex offers” received more than $180 million back in statement credits — after making qualifying purchases. But what exactly are Amex offers and benefits, and how to use them? What Are Amex Offers and Benefits? The entire idea behind this program is […]
A cash advance is a withdrawal of cash from your credit card’s credit line — if allowed. Typically, a cash advance can be executed: At an ATM, if your credit card has a PIN or can be assigned one. With checks from your credit card issuer that can be deposited into your bank account. Such […]
Distinct from regular credit cards where you know your credit limit, the no preset spending limit credit cards from American Express do not have a spending threshold. Meaning, you aren’t restricted by a maximum dollar value you can charge to your card, and in theory, you can spend however much you want — within reason. […]
Out of the multiple ways to redeem American Express membership rewards points, one of the convenient ways is to utilize them to shop from their partner brands — while checking out products online. Characteristically, in the world of American Express credit card holders, this benefit is referred to as “Pay With Points at Checkout.” How […]
Banking and finance institutions constantly face online threats where cybercriminals are on the hunt to trick into bypassing the defense & safety systems. Because of that, organizations develop, and in some cases, even share as to what their security measures are, so that they’re able to protect themselves and their customers from vulnerable circumstances — […]
Tantamount to an elevated societal status, securing an Amex Platinum Credit Card is perhaps the most coveted. And while it may feel this card is out of reach, it isn’t as hard as you may imagine — given a certain credit score, decent income level, and if you’re willing to spare $695 on an annual […]
Credit Cards have become one of the requisites for proving your financial stability and creditworthiness while also providing boundless convenience in terms of shopping online and physically. It’s a win-win scenario to the end-users, as well as to the companies issuing them in the first place. Above all, most of the credit cards are free […]
What is a Dividend Reinvestment Plan and how does it work? Dividend Reinvestment Plan, short for ‘DRIP,’ is an innovative concept that enables investors to automatically reinvest their cash dividends back into the same stock they received the dividends from. The dividends can either be invested into full shares, or fractional shares. What Are the […]
What are fractional shares? The definition of fractional shares is true to its name where you can buy a fraction, or a part/portion of a share, as opposed to purchasing the entire full share. For example, say Company X is trading at $10,000. Typically, the way it works is that if you need to buy […]
I am already in my 30s. And while I am comfortable with my current financial status, I could certainly be doing better, if I knew better (when I was younger). Also, my definition of “younger generation” here are people who’re 18 or younger and just about starting out in the real world with their first/second […]
Unquestionably, the current COVID-19 pandemic has left a big dent in the history books, but a bigger one for our day-to-day, for most of us, is the mental and financial strain. The only solution to drowning our coronavirus grief is to wait it out, be patient, and hopefully, when the vaccines comes out, get inoculated. […]