Affinity Federal Credit Union raises the APY on its SmartStart Savings account to 4.00%

Affinity Federal Credit Union (AFCU) members may have noticed the announcement about the rate change while browsing their AFCU portal. Affinity also sent an email to members today to inform them of the increase in their savings account rate. Members will earn 4.00% APY on the first $10,000 in their SmartStart Savings account. If the account balance is more than $10,000, the portion of the balance above $10,000 will earn an APY …

FOREX.com is offering a 5% initial deposit bonus

FOREX.com is paying new customers a bonus equal to 5% of their initial deposit. The offer is only available through February 28, 2023. But, there’s still time to sign up and meet the requirements. What’s even better is that the bonus terms state, “Credit will be applied at the beginning of the month after required trades are completed.” So, you should have your bonus payment in 14 days, if not sooner. The offer is only available to new customers. If you have a demo account, you still qualify, as long as you don’t have an live …

Chase has three new Private Client checking account bonuses worth up to $3,000

Chase has three Chase Private Client (CPC) offers that are available to new and existing CPC checking accountholders:$1,000 for $150,000 in deposits,$2,000 for $250,000 in deposits, and$3,000 for $500,000 in deposits. How to get the bonus: Visit and request an offer code, which will be emailed to you. Meet with a Private Client Banker by April 19, 2023 to open a new CPC checking account if you don’t currently have one. Within 45 days of coupon enrollment, transfer qualifying new money or securities to a combination of eligible checking, savings and/or J.P. Morgan Wealth …

Wells Fargo offering $2,500 to new and existing customers who open a Premier checking account

Wells Fargo is offering $2,500 to new Premier Checking accountholders who maintain a $250,000 balance in qualifying linked accounts for 46 days. If you have an existing Wells Fargo consumer checking account, you can take advantage of the deal, too, by upgrading your account to a Premier Checking account. How to earn the bonus: Visit and enter your email address to receive an offer code. Visit a branch by April 1, 2023 and open a new Premier checking account or upgrade an existing Wells Fargo consumer checking account to a Premier checking account. Make …

First Tech Federal Credit Union’s new two-factor authentication causes issues for some members

If you’re among the First Tech Federal Credit Union members receiving a generic “There was a problem submitting your request” error message after trying to do virtually anything on the credit union’s site or app, the solution is simple. Enable something other than email for your First Tech two-factor authentication (2FA) method. The problem is rooted in First Tech Federal Credit Union’s new two-factor authentication policy that no longer allows users to receive verification codes through email. Because First Tech failed to notify their members of this change, many still have email set as their only two-factor …

Why you shouldn’t care if a bank or credit card company will issue a 1099

In the bonus churning world, there’s far too much concern about whether or not a bank or credit card company will report a bonus payment to the Internal Revenue Service (IRS) and issue a 1099. Though they’re likely in the minority, there are some people who wonder if a 1099 will be issued because they’re legitimately unsure if the bonus is taxable. For those people, a tax advisor can provide guidance. But, more often than not, the person inquiring is very much aware that the bonus is taxable and they’re just trying to determine if they …

How to reach Discover Credit Scorecard customer service

If you have questions about Discover’s Credit Scorecard, you can call Discover at 800-347-7996 and ask to speak with a member of their FICO team. However, Discover’s only able to provide very general information, which includes an overview of how the service works. Discover’s FICO team can also provide a very basic explanation of the five FICO scoring factors that make up your FICO Score. But, this same information can be located on your Credit Scorecard. For questions about your actual TransUnion credit report, you would need to contact TransUnion directly since Discover is unable to …

TD Ameritrade accounts being transitioned to Schwab accounts

As part of the merger between TD Ameritrade and Schwab, TD Ameritrade customer accounts will be converted to Schwab accounts by the end of 2023. The account conversions, which will take place in groups on the weekends, are already underway, with some occurring this weekend. About a month before your account is scheduled to be transitioned from TD Ameritrade to Schwab, you’ll be notified of your transition weekend via mail, email, and messages in your TD Ameritrade account. It’s important to keep your transition date in mind because your tdameritrade.com account will not be accessible during …

T-Mobile to restrict its $5 AutoPay discount to payments made with a debit card or checking account

T-Mobile customers who set up AutoPay are currently able to receive a $5 monthly discount for each line. The carrier confirmed that that in May of 2023, customers will only qualify for the AutoPay discount if their autopayment is made a debit card or checking account. Customers should not wait until the last minute to update their autopay info. Some companies start processing autopayments before the scheduled payment date. For example, if your autopay is scheduled for the 10th of each month, the company may start processing the payment on the 8th day of each month by …