Thursday roundup: Personal finance around the web
November 5, 2009: 12:24 PM ETFive interesting stories from around the web:
- After a two-day policy meeting, the Federal Reserve Open Market Committee released a new statement Wednesday, indicating that it would not raise the benchmark interest rate anytime soon. Bankrate.com translates the statement into plain English in this handy table. [The New York Times, Bankrate.com]
- Bank of America pledged to stop increasing interest rates for current cardholders, only to announce the introduction of new annual fees for some users starting next year. Odysseas at WalletBlog alleges it's a bait-and-switch -- and a violation of the forthcoming CARD Act. [WalletBlog]
- Your bank account balance rises after you sign up for text-message reminders to save, concludes a new study. [It's Your Money]
- Sign up for the British Airways Signature Visa card and get 100,000 bonus miles, one of the most generous offers around. [Bucks]
- Intuit closed its deal to acquire money management site Mint.com this week, and it comes with the news that all Quicken Online users will be migrated over to Mint in the coming months. [TechCrunch]
