This week’s top story: Smart Money podcast on end of credit card rewards, and luxury credit cards. In other news: December mortgage rates, how high-interest ‘rent-a-bank’ loans sidestep state rate caps, and lifetime income.
Smart Money Podcast: The End of Credit Card Rewards, and When to Cancel Luxury Credit Cards
This week’s episode starts with a discussion about the potential end of credit card rewards.
December Mortgage Rates May Seek Calm After Turbulent Year
Interest rates on fixed-rate mortgages could stabilize or even drift lower in December.
How High-Interest ‘Rent-a-Bank’ Loans Sidestep State Rate Caps
Rent-a-bank loans are online loans that may charge triple-digit APRs in states that cap interest rates on small loans.
Save for ‘Retirement’? Generate Lifetime Income Instead
Money News & Moves: Also, Google pays for tracking us, and crypto isn’t broken.