ENZO https://www.joinenzo.com/ Enzo offers 1% back on purchases with more cash back on special categories such as rent/mortgage, DoorDash, or Uber. Their cash back on rent or mortgage used to have a higher annual limit, but they nerfed to a…
Fidelity $100 new account bonus for new/existing members
https://www.fidelity.com/go/special-offer If you do not get the $100 bonus after a few weeks, you can contact by phone to review your account. To speak to a Fidelity associate or have any questions, please call 800-652-7521.
Enable Penny Stock Trading on Fidelity
Fidelity is a broker for the trading of stocks, ETFs, and mutual funds. With stock prices declining and volatility increasing, is there actually a sure thing? Nothing is absolutely certain, but the strategy of buying reverse splitting stocks can be…
BBP no longer offered as payment method for support charities (CameroonONE, Kairos)
BBP payment method removed On the latest revision to the Proof of Orphan Mining (POOM) payment methods for sponsored child wiki entry, BBP has a payment method was removed. Why not offer BBP as payment method? Why would a cryptocurrency…
BiblePay and cryptocurrency glossary
Layman users need to understand all the different crypto keywords. We must educate our current and future users. BiblePay specific glossary BiblePay (BBP) – BiblePay is a cryptocurrency with three features: Helping Orphans: 10% of coins go directly to Charity…
Survivorship Bias
When mutual funds do not perform and are killed off, this is called survivorship bias. If active fund managers want my business, they also need to disclose how many killed funds they have been involved with along with the ones…
China: Old vs New – How will the Chinese use credit?
Over the weekend, I read how some Chinese are good savers. Today, I also read an article that CitiBank will start issuing credit in China. This is an interesting convergence of Chinese culture’s emphasis on savings while perhaps embracing the newer…
Misunderstanding of 1099-MISC from CitiBank
There seems to be a lot of misunderstanding about CitiBank’s issuance of 1099-MISC. Many are confusing rebates with income. Many banks are offering sign-up bonuses for opening an account. CitiBank ran different promotions where they would give you 25,000 to…
Why does CitiBank get to value 25,000 ThankYou points as a $625 business expense?
Some posters on FlyerTalk and LA Times have said they are receiving 1099 (Misc Income) statements from CitiBank for receiving 25,000 ThankYou points as $625 income. This means that with each bonus they pay out, CitiBank gets to write it…
Are credit card rewards in the form of cash or points taxable?
The Los Angeles Times wrote an article yesterday about CitiBank issuing 1099s to customers that parked their money in their checking or savings products. If you receive a bonus by parking your money in a checking or savings account, I…