When the bank pays you interest on a savings account, it quotes the interest rate in APY — Annual Percentage Yield. When the bank charges you interest on a loan (car loan, credit card, mortgage, etc.), it quotes the interest in APR — Annual Percentage Rate. So, if you have a savings account that the […]
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Best Credit Card for Grocery, Gas, and Drugstore Purchases
This is part of the TFB Awards for Best In Class in Financial Services series. Update on December 17, 2006: The Chase Rewards Plus Visa card no long appears on Chase web site. Links to online application and rewards brochure are dead. This card may not be available to new applicants any more. Exisiting card […]
TFB Awards
[Last updated on April 3, 2008.] In the style of the Academy Awards, I present here TFB Awards for what I consider the Best In Class in Financial Services. Each award winner is linked to a blog post which explains why it wins the title. If there are other good choices close to call, I […]