The Sun's Financial Diary

In addition to having an Online Savings Account that pays 1.25% APY, Discover Bank also has a line of CD products with terms from 3 months to as long as 10 years. Though I don’t expect anybody get locked in that extreme long CDs in what is basically a low rate environment (Fed benchmark rate [...]

I have heard some good things about PenFed, The Pentagon Federal Credit Union, like their awesome customer service and generous rewards for their credit card customers. One of those rewards that I heard most often is that they give 5% cash back on gasoline purchases for cardholders of their PenFed Visa Platinum Cashback Rewards Card, [...]

Looks like Citi is going to retire its PremierPass Card soon Yesterday, I received a letter from Citi, informing me that on March 31, 2011, my Citi PremierPass Elite-Level Card will be replaced by the newly launched Citi ThankYou Premier Card. My first reaction was No because the ThankYou Premier Card has a $125 annual [...]

The passage of the Tax Relief Act of 2010 last December removed a lot of uncertainties for taxpayers. The law, which extended Bush area tax cuts by two years and temporarily reduced payroll taxes by 2% for one year, also introduced some other changes in taxes for 2011. One of those changes is investment income taxes. [...]

The 2011 tax season has already arrived. For those who don’t have to delay filing their returns (see who must wait to file 2010 federal income taxes in my 2011 tax deadline post), the sooner to file, the earlier to get their refund. While there are plenty of paid tools available if you want to [...]

You probably know people who are having problems paying their monthly mortgage loans. In the midst of this crisis, who doesn’t know at least one? Homeowners in distress can remain hopeful in spite of the current crisis. To help responsible homeowners who have been affected by the economic crunch, the Obama administration has laid out several [...]

The 2011 tax deadline is still four months away, so you still get plenty of time to prepare your 2010 returns. Whether you will do the taxes yourself or heir somebody else to do the job for you, here’s an offer from PerkStreet that could reduce the burden off your wallet a little bit. From now [...]

So far there is only one design for the Forever Stamp, the Liberty Bell. That will soon change. According to a New York Times story early this week, almost every stamp among 70 to be issued by the Postal Service this year will have “Forever” printed on it instead of the monetary value that we [...]