To attract new customers, credit card companies frequently advertise generous welcome bonuses. These welcome bonuses can quickly add up to many miles, points, and cash-back offers. Some people try to maximize their rewards by applying for multiple cards simultaneously. This process is known as credit card churning.
by Sha'Kreshia TerrellThe Buy Now, Pay Later (BNPL) service is a new payment method that has become increasingly popular. Despite BNPL becoming more widespread amongst the younger generation, this program carries significant financial risks if the money isn’t paid back on time.
by Matin VarshochiCredit cards, debit cards and prepaid debit cards can all be used to make purchases. The best best choice for you depends on your spending goals and what you want to get out of the card.
by Pam HillFor many years, Black Americans have been at a disadvantage when it comes to homeownership and acquiring wealth.
by Sha'Kreshia TerrellSheena Allen is the Founder and CEO of CapWay, a digital financial services provider that aims to help those who have been underserved and overlooked by the traditional banking industry. Sheena shares her story and advice for other women entrepreneurs.
by Viviana VazquezDuring the COVID-19 pandemic, there was high economic turmoil. To help keep the economy going, the Federal Open Market Committee (FOMC) determined that it was a good idea to lower interest rates to an all-time low.
by Nailah HerbertWith some careful planning and prudent spending habits, there is a home for almost every budget and financial circumstance.
by Pam HillThe coronavirus pandemic exposed the dire need for people to access inclusive financial services, mainly since the pandemic has caused people to scramble to obtain funds for their essential needs.
by Sheena AllenThe prosperous and resilient business districts built by and for Black people more than 100 years ago hold lessons for today.
by Pam HillCapWay is celebrating Black History Month by sharing the entrepreneurial stories of five Black financial influencers, also known as fin-fluencers, who are etching their names in the financial education space.
by Nailah HerbertIn a recent study, it was found that members of Generation Z and Millennials were paying more in banking fees. On average, Gen Z pays around $19 per month in banking fees. Millennials spend $16, while Gen X pays around $4, and Baby Boomers pay around $2.
by Viviana Vazquez