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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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TikTokhumphreytalks
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If you have a Capital One Venture or Venture X, here's four Capital One offers you need to check your card for immediately before they disappear. 🚨 Here's exactly how this works. Capital One Offers is free and built into your account at capitaloneoffers.com or in the app. Here's what's live on mine right now: 📦 Amazon: spend $25, earn 500 miles (online and in-app) 🏔️ REI: spend $20, earn 1,000 miles (in-store and online) 🔨 Home Depot: spend $20, earn 1,000 miles (online) 🛒 Walmart: 3X miles
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