Search found 305 matches

by SpaethCo
Sun Apr 04, 2021 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card benefit/quality strategy (not rewards)
Replies: 8
Views: 1005

Re: Credit card benefit/quality strategy (not rewards)

https://www.jdpower.com/business/press-releases/2020-us-credit-card-satisfaction-study Amex routinely ranks 1st. Discover either ties or comes in 2nd. I'm not sure how the scale of JD Power's index works, but there's a 25 point gap between 2nd place Discover and the next highest issuer, and then mo...
by SpaethCo
Fri Apr 02, 2021 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card benefit/quality strategy (not rewards)
Replies: 8
Views: 1005

Re: Credit card benefit/quality strategy (not rewards)

The difference in insurance coverage is mostly what triggered this evaluation. There are substantially more people reporting positive claim experiences with Amex who handles claims through their own Amex Assurance Company insurance division compared to banks who contract with VISA who contracts with...
by SpaethCo
Fri Apr 02, 2021 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card benefit/quality strategy (not rewards)
Replies: 8
Views: 1005

Credit card benefit/quality strategy (not rewards)

It's pretty straight forward to evaluate different cards based on things like rewards multipliers or static benefits (status, membership/access, discounts, etc). I'm finding it much more difficult to evaluate different cards based on things that fall under the general description of "when thing...
by SpaethCo
Sun Mar 21, 2021 2:04 pm
Forum: Personal Consumer Issues
Topic: Costco Citi Visa annual reward; Executive Member annual reward redemptions
Replies: 49
Views: 8618

Re: Costco Citi Visa annual reward; Executive Member annual reward redemptions

The most frustrating part is they accomplish nothing in forcing the me to use the rebate for more purchases. It doesn't change what I would purchase it only makes me mad that I can't get the Costco Citi rebate for additional purchases. That may be the case for you specifically, but I bet this works...
by SpaethCo
Thu Mar 18, 2021 10:02 pm
Forum: Personal Consumer Issues
Topic: Costco Citi Visa annual reward; Executive Member annual reward redemptions
Replies: 49
Views: 8618

Re: Costco Citi Visa annual reward; Executive Member annual reward redemptions

Okay, you take your $300 reward check to Costco and buy $150 worth of stuff. At the checkout you present the reward check. Do you get $150 back in cash? Today, yes. Apparently there have been discussions about any remaining balance being placed on a Costco Cash card in the future, but for right now...
by SpaethCo
Mon Mar 01, 2021 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]

Ok, so now I'm a bit confused. Based on my research it appears that if I pay for a car rental with the Amex blue card then I am covered for loss or damage up to $50,000. Based on my interpration it appears I do not have to do anything or pay anything for the coverage, it is a benefit provided to me...
by SpaethCo
Mon Mar 01, 2021 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]

Does anyone know if the Fidelity Cash Management Account debit Visa card also dropped the two benefits (Extended Warranty and rental car CDW)? Thanks Paul Doesn't look like the benefits have been updated since 2017: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/Enhanced_Benefit...
by SpaethCo
Sun Feb 28, 2021 2:32 pm
Forum: Personal Consumer Issues
Topic: Trip Insurance? Risk Tolerance?
Replies: 26
Views: 1462

Re: Trip Insurance? Risk Tolerance?

Personally, I would never buy trip insurance because not taking a trip should never represent a genuine financial hardship. It's purely an emotional play. You're describing probably the least valuable part of travel insurance. The majority of hotel bookings are refundable, or carry reasonable cance...
by SpaethCo
Wed Feb 24, 2021 10:36 am
Forum: Personal Consumer Issues
Topic: Trip Insurance? Risk Tolerance?
Replies: 26
Views: 1462

Re: Trip Insurance? Risk Tolerance?

Chase coverage doesn’t include additional/alternate transportation as part of trip interruption coverage. Here’s a blog post about why that might be a consideration:
https://4wornpassports.com/beware-chase ... insurance/
by SpaethCo
Tue Feb 23, 2021 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

Didn't Citi already get rid of this benefit on the Double Cash card? Citi removed rental car coverage from just about all of their cards with a couple exceptions (like the Citi Costco card) in 2019. https://www.doctorofcredit.com/citi-removing-most-benefits-from-all-cards-on-september-22-trip-cance...
by SpaethCo
Tue Feb 23, 2021 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity Rewards Visa dropping two benefits

Also, my auto insurance in WA State covers rental cars on (I'm guessing) a primary basis. Does that mean Chase can disavow any liability on my rentals as well? This seems to primarily be a problem in states that specifically include rental cars as part of property damage liability. In the Chase Sap...
by SpaethCo
Tue Feb 23, 2021 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity Rewards Visa dropping two benefits

And I assume (correctly??) that this limitation applies only when the auto insurance purchased in Minnesota (by Minnesota residents) and where the auto is rented in Minnesota. This is the language that is required to be amended into policies written in Minnesota. (So Minnesota residents, regardless...
by SpaethCo
Tue Feb 23, 2021 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity Rewards Visa dropping two benefits

Thanks. I use Chase Sapphire for auto rentals because the insurance coverage is primary--no need to claim against our insurance first. This isn't always the case. In Minnesota, for instance, state law requires personal auto insurance to cover rental cars at $0 deductible as part of property liabili...
by SpaethCo
Sun Feb 21, 2021 2:35 pm
Forum: Personal Consumer Issues
Topic: Best Combination of Travel Cards?
Replies: 87
Views: 4918

Re: Best Combination of Travel Cards?

I'm not sure you're ever going to get consensus on a "best" card because everyone's situation is going to be at least slightly different. All travel cards are about trade-offs -- the card that gives you the best cash back isn't going to give you the best perks, and perks are going to be su...
by SpaethCo
Sun Feb 21, 2021 1:37 am
Forum: Personal Consumer Issues
Topic: Best Combination of Travel Cards?
Replies: 87
Views: 4918

Re: Best Combination of Travel Cards?

You don't need an Amex Platinum card for the privilege of paying $39 per family member/guest. You need an Amex card, an international premium cabin ticket, top tier status, or Skyclub membership of some kind. You can’t get day passes as a non-member anymore. https://www.delta.com/us/en/delta-sky-cl...
by SpaethCo
Sat Feb 20, 2021 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Check Equifax security freeze...
Replies: 11
Views: 935

Re: Check Equifax security freeze...

But on the Equifax site, the current status says, "You have temporarily lifted your Equifax credit report freeze until November 7, 2020". Ummm..... it's February 2021, so that "temporary freeze" should be well over! This is a terrible user interface choice. As I understand it, t...
by SpaethCo
Sat Feb 20, 2021 4:38 pm
Forum: Personal Investments
Topic: Continue with my CDs or go for tax-free munis?
Replies: 15
Views: 1130

Re: Continue with my CDs or go for tax-free munis?

MUB (2% with low risk) and HYD (4% with higher risk) These are trailing twelve month(TTM) yields, which is what you would have picked up if you held these funds for the last year. https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=MUB&symbols=HYD HYD had a max drawdown of -20.1...
by SpaethCo
Sun Feb 14, 2021 9:08 pm
Forum: Personal Consumer Issues
Topic: How to get roadside assistance without AAA?
Replies: 116
Views: 11949

Re: How to get roadside assistance without AAA?

Does AARP membership include roadside assistance? If so, how does it compare with AAA? Allstate Motor Club has a program for AARP members that's like AAA. https://www.allstate.com/landingpages/aarp/1189/index2.aspx I can't speak to how it compares to AAA. I now just call tow companies directly from...
by SpaethCo
Sun Feb 14, 2021 5:57 pm
Forum: Personal Consumer Issues
Topic: How to get roadside assistance without AAA?
Replies: 116
Views: 11949

Re: How to get roadside assistance without AAA?

GG1273 wrote: Sun Feb 14, 2021 5:28 pm Not old enough for AARP yet - will check them out in the future :sharebeer
The "over 50" age limit only applies to some of the insurance products; anyone is free to join. https://www.forbes.com/sites/rogerma/20 ... at-age-35/
by SpaethCo
Sun Feb 14, 2021 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Are credit locks harder to fraudulently remove than credit freezes?
Replies: 16
Views: 1607

Re: Are credit locks harder to fraudulently remove than credit freezes?

There's no value in just unfreezing a credit profile - the end goal would be to open accounts. You can get free credit activity monitoring through: All 3 major credit bureaus (ignore the "premium" monitoring upcharge offerings) Most credit cards Free online services like CreditSesame and C...
by SpaethCo
Sun Feb 14, 2021 5:05 pm
Forum: Personal Consumer Issues
Topic: How to get roadside assistance without AAA?
Replies: 116
Views: 11949

Re: How to get roadside assistance without AAA?

Never use any of their other discounts? Hotels (better discounts than my MegaCorp affiliation gets) Car buying service - my SIL used this and was happy as she hates the car dealership experience Airport parking deals Auto rentals - great for overseas rentals - not sure if they'll contract with some...
by SpaethCo
Sat Feb 13, 2021 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Are credit locks harder to fraudulently remove than credit freezes?
Replies: 16
Views: 1607

Re: Are credit locks harder to fraudulently remove than credit freezes?

The "credit lock" feature was something that credit bureaus started marketing heavily after legislation passed in 2018 to require the credit bureaus to allow free freezing and unfreezing of consumer's credit files. The bureaus sell the ease of real-time locking and unlocking of your credit...
by SpaethCo
Sat Feb 13, 2021 7:09 pm
Forum: Personal Consumer Issues
Topic: Costco Citi Visa annual reward; Executive Member annual reward redemptions
Replies: 49
Views: 8618

Re: Costco Citi Visa annual reward; Executive Member annual reward redemptions

Just to follow up - got the executive reward check in the mail today and this is one of the inserts.

Image
by SpaethCo
Thu Feb 11, 2021 3:55 pm
Forum: Personal Consumer Issues
Topic: PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)
Replies: 25
Views: 3891

Re: PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)

Rental car coverage is going away on the Fidelity card as well. I live in one of the states where it doesn’t matter though. In Minnesota, North Dakota, Rhode Island, and Texas state law dictates that personal auto policies must include coverage for rental cars as part of liability coverage (as a cla...
by SpaethCo
Thu Feb 04, 2021 4:53 pm
Forum: Personal Investments
Topic: Market vs limit order on Fidelity ETFs
Replies: 19
Views: 1678

Re: Market vs limit order on Fidelity ETFs

I'm currently purchasing VTI/VXUS and ITOT/IXUS in my Fidelity brokerage. When it asks if I want to purchase via a market or limit order I find it just easier to purchase via a market order. For example, this morning I attempted to purchase ITOT at $88.45 via a limit order. The stock continued to m...
by SpaethCo
Thu Jan 28, 2021 11:00 pm
Forum: Personal Consumer Issues
Topic: Costco Citi Visa annual reward; Executive Member annual reward redemptions
Replies: 49
Views: 8618

Re: Costco Citi Visa annual reward; Executive Member annual reward redemptions

If you use the rebate towards your purchase, you won't earn a rebate for that amount of your purchase! :oops: Your purchases will still count towards your 2% Executive Reward next year. You're correct, however, that you'll miss out on any potential credit card rewards on that same spending. For now...
by SpaethCo
Thu Jan 28, 2021 1:48 pm
Forum: Personal Consumer Issues
Topic: Costco Citi Visa annual reward; Executive Member annual reward redemptions
Replies: 49
Views: 8618

Re: Costco Citi Visa annual reward; Executive Member annual reward redemptions

Terms for the Executive Member benefits have changed in 2021. While the Citi certificate can still be redeemed for cash at customer service, the Costco issued certificate can not.

Image
by SpaethCo
Sat Jan 23, 2021 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity and ACH/EFT deposits
Replies: 23
Views: 1882

Re: Fidelity and ACH/EFT deposits

1/1/2021: Transferred from CMA to IRA. But no funds available to transfer to my ROTH IRA. 1/6/2021: Funds available to transfer to a ROTH IRA account or withdraw So even for transfer between fidelity accounts, I have to wait for 3 business days? Fidelity will only process an IRA to Roth conversion ...
by SpaethCo
Fri Jan 22, 2021 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity and ACH/EFT deposits
Replies: 23
Views: 1882

Re: Fidelity and ACH/EFT deposits

So I guess this is the crux of the issue. Yes, I pulled the EFT from Fidelity rather than pushed it from Ally. I didn't know there would be a difference in hold times between the two. As usual, I learned something on BH and I will change my method of transfers going forward. If you have margin on y...
by SpaethCo
Wed Jan 13, 2021 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: [Update on Experiences, drops two benefits]
Replies: 167
Views: 12482

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

I'm surprised no one has mentioned the foreign transaction fee. Most big card issuers have eliminated FTF, but this card still has it. That bit us when we went to New Zealand a few years ago, and used the card for most of our transactions. Ouch. :oops: It shouldn't have been all that bad? The Fidel...
by SpaethCo
Fri Jan 08, 2021 2:30 pm
Forum: Personal Investments
Topic: Did i convert backdoor Roth too soon?
Replies: 5
Views: 611

Re: Did i convert backdoor Roth too soon?

https://www.forbes.com/sites/ashleaebeling/2018/01/22/congress-blesses-roth-iras-for-everyone-even-the-well-paid/?sh=4206d35e7471 Language in the 2018 tax bill specifically calls out this process as legal and valid. There is no need to wait on the conversion. Just allowing direct contributions to th...
by SpaethCo
Fri Jan 01, 2021 5:54 pm
Forum: Personal Consumer Issues
Topic: [Is VPN essential for online privacy & security?]
Replies: 55
Views: 3534

Re: Which VPN would you recommend?

Thanks. Since ISP knows (and sells) which domains we connect to, isn't following a reasonable concern? And VPN the solution? The reason VPNs are important for cryptocurrency users especially is that we use Bitcoin to keep as much data hidden as possible. However, when we expose our IP address, we m...
by SpaethCo
Thu Dec 31, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: [Is VPN essential for online privacy & security?]
Replies: 55
Views: 3534

Re: Which VPN would you recommend?

Thanks. So, if I am in the US (which I am) and I am at home why would I need a VPN? Mostly for accessing geo-restricted content, like being able to access the BBC iPlayer by making you appear to be a UK Internet customer, or sidestepping sports blackouts for out-of-market streaming packages. (ie, M...
by SpaethCo
Thu Dec 31, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: [Is VPN essential for online privacy & security?]
Replies: 55
Views: 3534

Re: Which VPN would you recommend?

I personally look for a VPN that isn't based in a jurisdiction that participates in any "eyes" program (5, 9, or 14 eyes). Next, I try to figure out how or if they log... never know for sure, but you have to start somewhere. The site above helped. VPNs typically add a fixed header to your...
by SpaethCo
Fri Dec 25, 2020 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa Card
Replies: 86
Views: 15049

Re: Fidelity Rewards Visa Card

The credit card number and expiration date printed on the card can be skimmed with NFC devices (you can find youtube videos demonstrating this) For most (all?) cards shipped today, that's not the case. You can read a 16 digit account number (Primary Account Number) and expiration code, but it won't...
by SpaethCo
Fri Dec 25, 2020 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa Card
Replies: 86
Views: 15049

Re: Fidelity Rewards Visa Card

I have a suspicion/theory that these newer cards with NFC features are getting skimmed while in the mail. Fancy equipment isn't even needed, a lot of phones have it and there are apps making it really easy for the perpetrators. The envelopes don't need to be opened to get the information, so new ca...
by SpaethCo
Tue Dec 22, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15485

Re: Are Strong Passwords Really Necessary?

So lets ignore the phrasing of my original post... and alter it - can anyone actually provide a real example of actual damage occurring to a regular person (not celebrity/politician. etc) due to weak password, where those with strong PWs were not damaged? The primary reason people get targeted is b...
by SpaethCo
Mon Dec 21, 2020 1:52 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15485

Re: Are Strong Passwords Really Necessary?

To hear some in this thread, you'd think that tens of millions of people at least would have had their life savings wiped out already due to passwords being hacked. The fact that this has not happened makes me believe that it's more difficult for hackers to achieve this than many think. I'm not say...
by SpaethCo
Sun Dec 20, 2020 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Multi Factor Security Compromised
Replies: 22
Views: 2033

Re: Multi Factor Security Compromised

I am curious though. Does regularly logging in to my account create a greater risk of someone stealing my login information. More opportunities for the unscrupulous? The single most effective recommendation is to use a password manager that autofills your credentials. It allows you to have unique p...
by SpaethCo
Sun Dec 20, 2020 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Multi Factor Security Compromised
Replies: 22
Views: 2033

Re: Multi Factor Security Compromised

Isn’t the forgotten password procedure often weak? This may use 2FA to reset the password so it would seem the same avenue of attack could be used That was the case for the Wells Fargo / T-mobile / Zelle attack during Christmas 2017: https://www.king5.com/article/news/thieves-are-stealing-your-cell...
by SpaethCo
Sun Dec 20, 2020 8:39 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15485

Re: Are Strong Passwords Really Necessary?

And here we are... approaching 100 posts, and not one person has given a real world example / link, of damage caused by a hack of a regular person's password. This thread was just started today that shows a direct example: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=333348 Credentials ...
by SpaethCo
Sun Dec 20, 2020 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Multi Factor Security Compromised
Replies: 22
Views: 2033

Re: Multi Factor Security Compromised

Attackers were able to bypass the 2nd authentication factor for accounts where the user/pass credentials were already compromised. The core problem is the same as it's always been: people choose terrible passwords and have poor operational security around validating the site they're plugging credent...
by SpaethCo
Sat Dec 19, 2020 8:33 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15485

Re: Are Strong Passwords Really Necessary?

Is Amazon or some other website really going to let some hacking program send thousands of queries to the same account without reacting? Seems internet security would have evolved by now. Maybe I don't know how this works... Nearly all of the attacks happen offline. Usually there is some vulnerabil...
by SpaethCo
Sat Dec 19, 2020 7:44 pm
Forum: Personal Consumer Issues
Topic: Are Strong Passwords Really Necessary?
Replies: 313
Views: 15485

Re: Are Strong Passwords Really Necessary?

Shorter passwords tend to be discovered earlier than longer passwords, all things being equal. Reducing the number of character sets can also speed up this process. Once your password is identified on one site and distributed where such things are sold/shared, accounts easily associated with you in...
by SpaethCo
Mon Dec 14, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17626

Re: Are password managers safe to use?

If Vanguard wanted good security, they wouldn't require SMS for 2FA. SMS for 2FA isn't nearly as terrible as some make it out to be. It's the second authentication factor, so it requires that both your password and cell phone service be compromised. Where it gets a bad rap is that a lot of places t...
by SpaethCo
Mon Dec 14, 2020 10:55 am
Forum: Personal Investments
Topic: Is it bad to have too much in a emergency fund
Replies: 92
Views: 9227

Re: Is it bad to have too much in a emergency fund

You can use the credit card for emergencies. Only as long as your emergency spend doesn't start matching a bust-out pattern. If your personal emergency coincides with a larger emergency, like a major economic downturn, credit card issuers become hyper sensitive to changes in utilization. It's not u...
by SpaethCo
Sun Dec 13, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17626

Re: Are password managers safe to use?

I do not doubt the effectiveness of password manager programs. I'm still confused as to why a spreadsheet or word processing program, keeping password data files on the local computer not in the cloud, protected by a good encryption program such as VeraCrypt would not be an effective means of stori...
by SpaethCo
Sat Dec 12, 2020 2:40 am
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17626

Re: Are password managers safe to use?

Not much to dig in further. Poisoning DNS isn't easy. Poisoning DNS by doing things like forged replies is tricky, exploiting low-end home network gear to change resolvers is not. The general approach is described here: https://usa.kaspersky.com/blog/hacked-routers-dns-hijacking/17599/ A bunch of i...
by SpaethCo
Fri Dec 11, 2020 8:43 pm
Forum: Personal Consumer Issues
Topic: Are password managers safe to use?
Replies: 360
Views: 17626

Re: Are password managers safe to use?

Others who are more knowledgable know not to click on links in emails. They use browser bookmarks for important sites, such as Vanguard, so they know they are always going to the right place. It doesn't have to be email links. Open up a private browser window so you don't have any cookies. Go to ht...