Here’s a trick Citibank pulled before the Credit Card Accountability and Responsibility Act took effect last month in an effort to circumvent the new regulations.

Two of the act’s most important provisions require credit cards to:

Provide 45 days notice before raising rates, and the new higher rate can’t be imposed on existing balances, just new purchases.
Wait [...]

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Average mortgage rates
moved very little over the past week with the 30-year fixed rate mortgage moving down 2 basis points from 4.97% to 4.95%. The BestCashCow averages also dropped, with the average 30-year fixed rate mortgage moving from 5.015% to 4.964%.

A couple of months ago we advised against buying long-term CDs at the bottom of a rate cycle.

The common wisdom is to go long at the top of a rate cycle and short at the bottom.
Some of our readers disagreed with that strategy, arguing that it’s possible to make more money with long-term CDs [...]

A few weeks ago, I started asking readers to submit their money questions in case they wanted a second opinion on their dilemma. If you have a question you would like answered, you can just contact me.

Peer-to-peer payment services seem to be the next big thing, with companies like Blippy and Square trying to find new ways for people to transfer their money outside of traditional banking channels.  Buxter is a Facebook application that allows users to send US dollars and Euros to their friends on the social networking site.

By Sonja Stewart This recipe is a fantastic substitute for regular flour tortillas. If you're sick of using the rough texture, (and small size) of corn tortillas, try this out. The texture of these are bendable, foldable, and so delicious, they'll be gone before you know it. Make an extra batch if you have guests, and get ready to enjoy burritos again, the gluten-free way.
Gluten-Free Flour Tortillas

Bank of America recently announced they plan to stop charging customers overdraft fees for exceeding their checking account balance with debit cards. They go on to say they will no longer allow charges to go through if the amount exceeds the available funds in customers’ checking accounts. I say, it’s about time!

Although relatively new, Monoprice.com has quickly become a very popular place to buy cheap but high quality audio/video cables and adapters online. I recommended shopping there if you’re trying to connect your laptop to your TV (and maybe drop your cable subscription?). I’ve probably bought from them five times in the last year, and I don’t even shop online that much.

Don’t get too excited. Equifax is offering a free “Credit Score Card“, which in reality just gives you a range of what your credit score is. And the score is from their “Equifax Risk Score” system, not a FICO score. (You can still get 30% off a real FICO score with MYPOINTS30.) The Equifax Risk Score does range from 280-850, which basically the same as FICO from 300 to 850.