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Episode 2: Banking and Credit Cards

by Moneysplained

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about

In this episode we’re talking banking and credit cards. My guest is Kim Palmer, a credit card and banking expert at NerdWallet.

We’ll cover:
How to choose the right bank
Not getting screwed in fees
How to evaluate credit card offers
Getting your finances to the next level when you already have your s*** together

If you’re usually working with a low balance, look for low or no fee banks. Overdrafting is a huge source of fee revenue for banks. But there’s a new kid on the block: the online banks. These companies are able to offer no-fee accounts because they are able to keep costs down because there are no brick and mortar branches.

Kim walks me through three different credit card offers and we evaluate all the language credit card companies use to trick you!

moneysplained.com/episode2/

credits

released September 28, 2017
My intro music is “Tristrant” by Weserbergland and throughout the episode you’ll hear “Metachroma” from the forthcoming album ‘Seance Works” by C.R. Gillespie.

Nicole Ginelli designed the Moneysplained logo. nicoleginelli.tumblr.com

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Moneysplained New York

A podcast for people afraid of personal finance.

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