Author: CNET

What Is a FICO Score?

Your credit score can come in several different forms depending on how the score is calculated. Lenders use different types of scores to evaluate different aspects of your credit history. Two of the most commonly used credit scores are your VantageScor…

How to Close A Bank Account

Whether you’re closing your bank account to move to a new state, find lower fees or to get a better customer service experience, you’ll first have to do some housekeeping. Your bank account is likely tied to subscription accounts, utilities and other s…

Are CDs Worth It?

With so many savings vehicles on the market, you have to choose strategically to best grow your funds. For many options, you must consider fees and liquidity along with interest rates. CDs, or certificates of deposit, have their advantages, but they…

How Much Should You Keep in a CD?

A CD, or certificate of deposit, is a safe way to save money for short- to medium-term financial goals. CDs offer the tradeoff of higher interest rates and lower liquidity compared to traditional savings accounts. You purchase a CD for fixed interes…

Preapproved Chase Credit Cards: How to Qualify

A preapproved credit card offer can be a good way to get your foot in the door with Chase. Chase credit cards are typically reserved for people with good or excellent credit — meaning a credit score of 670 or higher. Particularly if you think your …

How Old Do You Have to Be to Get a Credit Card?

Young adults can build their credit to help them get off to a strong financial start. While you can legally apply for a credit card at 18, qualifying for a credit card before you turn 21 can prove challenging if you don’t have a cosigner or a…

What Is a High-Yield Savings Account?

High-yield savings accounts are similar to standard savings accounts but pay higher interest rates. They are great for maintaining an emergency fund or reaching short-term savings goals. If you’re considering a high-yield savings account, it’s essen…