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Morgan Stanley Shows Its True Colors During COVID-19 Pandemic Image Courtesy: Bloomberg

Morgan Stanley Shows Its True Colors During COVID-19 Pandemic

I had been a customer of Smith Barney for as long as I can remember, even after it merged into Morgan Stanley in 2011. Smith Barney was always an outstanding institution to do business with. They understood that the client always came... Read →
American Express Platinum Card – The Greatest Opportunity Ever or Time for a Pause? Image Copyright: American Express

American Express Platinum Card – The Greatest Opportunity Ever or Time for a Pause?

For years, the Amex Platinum card has been one of the most premium travel rewards credit cards accessible without an invitation. The Platinum card has offered access, exclusivity, privileges and protections to those customers willing to... Read →
COVID-19 / Coronavirus Additional Cardholder Benefits for Travel Rewards Credit Cards Image Copyright: BestCashCow

COVID-19 / Coronavirus Additional Cardholder Benefits for Travel Rewards Credit Cards

Chase, Amex and Citibank have announced the supplemental benefits for holders of their travel rewards cards. They are as follows: Chase Chase Sapphire Reserve and Chase Sapphire Preferred The Chase Sapphire Reserve card will earn... Read →
An Obvious and Certain Way to End the COVID-19 Crisis Quickly Image Copyright: BestCashCow

An Obvious and Certain Way to End the COVID-19 Crisis Quickly

There is a certain way to solve the current health crisis, and it is right in front of us. Here in New York, 60% of the population is roaming around with self-made masks or cheap masks that they bought on Amazon covering their faces. ... Read →
Federal Reserve Maintains Fed Funds Rate at 0 to 0.25% and Outlines Further COVID-19 Action Image West Point, Copyright BestCashCow

Federal Reserve Maintains Fed Funds Rate at 0 to 0.25% and Outlines Further COVID-19 Action

The Federal Reserve has held the Fed Funds target rate constant at zero to 25 basis points today. Chair Jerome Powell indicated that the ongoing COVID-19 public health crisis has weighed heavily on the economic condition of the country. ... Read →
Spanish Flu 1918 – Coronavirus 2020 Image Courtesy: Wikipedia

Spanish Flu 1918 – Coronavirus 2020

America has long been in a leadership role in the world and a marvel of economic expansion. Our strengths have been defined by an unwillingness to be satisfied with what is now and the assurance that we control the future and our global... Read →
The Implications of Telling States to Go Bankrupt Are Dangerous and Long-Term Image Copyright: BestCashCow

The Implications of Telling States to Go Bankrupt Are Dangerous and Long-Term

It is going to take a generation for the US and the world to recover from the damage we have incurred, very much in part from our own actions. We are all now fully aware of the impact and implications of damaging statements made by our... Read →
What Will Happen to Savings and CD Rates If the Federal Reserve Takes the Fed Funds Rate Negative? Image Narayana Kocherlochota, Courtesy Marketwatch

What Will Happen to Savings and CD Rates If the Federal Reserve Takes the Fed Funds Rate Negative?

There is a lot of concern that the Federal Reserve is running out of bullets in its response to the current Depression. It has already lowered the Fed Funds rates to zero, engaged in extraordinary quantitative easing, and opened up the... Read →
Donald Trump Needs to Resign NOW Image Courtesy: ABC News

Donald Trump Needs to Resign NOW

For almost half the nation, Trump has been a welcome change for America (although the other half vigorously feels the other way). But, he is now seriously out of his area of competence and no longer a legitimate leader. This is not his... Read →
1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential Image Courtesy: Pexels

1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential

BestCashCow today shows online banks offering one-year CD rates as high as 2.28%. Depending on where you live, you may also find local banks or credit unions near where you live that have 1-year CD rates at or around that level. It is... Read →
Some of the Lesser Known Online Banks Have Been too Quick to Slash Rates, Burning Customers Image Copyright: BestCashCow

Some of the Lesser Known Online Banks Have Been too Quick to Slash Rates, Burning Customers

The Federal Reserve made emergency cuts to the Fed Funds rate, taking the benchmark rate to a range of zero to 25 basis points as the COVID-19 crisis hit our shores last month. While the Fed move will cause savings rates to fall over... Read →
I have Changed My Tune on Singapore KrisFlyer Image Courtesy: BusinessToday

I have Changed My Tune on Singapore KrisFlyer

Those who have followed my credit card rewards writing for some time know that I have been a fan of Singapore Airlines’ KrisFlyer program since way back when. Transferrable points can be transferred to Singapore Airlines from Amex,... Read →
All of these Analysts Screaming on CBNC About Big Up Moves in the Market Are Masking 2 Unsettling Truths Image Kelly Louffler, Courtesy: AP

All of these Analysts Screaming on CBNC About Big Up Moves in the Market Are Masking 2 Unsettling Truths

Here at BestCashCow, we’ve been inundated by people thanking us for the work that we are providing in organizing and displaying bank rates over the last several weeks. We are grateful that we can continue to provide everyone with... Read →
Federal Reserve Cuts Fed Funds Rate to Zero to 0.25%, Buy 1-Year CDs Now Image Copyright: BestCashCow

Federal Reserve Cuts Fed Funds Rate to Zero to 0.25%, Buy 1-Year CDs Now

The Federal Reserve has made its second emergency rate cut in a little over a week, cutting the Fed Funds rate by a full 1% to a range of zero to 0.25%, in order to address the unprecedented economic slowdown caused by Coronavirus. On... Read →
Some 1-Year CDs Are Still over 2% APY Following the Coronavirus-Induced Fed Cut Image Courtesy: Pexels

Some 1-Year CDs Are Still over 2% APY Following the Coronavirus-Induced Fed Cut

We’ve read and heard a lot of financial markets information since the Federal Reserve’s emergency rate cut last Tuesday in response to the spread of Coronavirus. By the end of the week, 10-year US Treasuries were trading... Read →