Are reward points taxable or not? Yes.

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Are reward points taxable or not? Yes. Reward points are rampant. Open a new bank account, you'll get bonus points. Switch to a new credit card, you're rewarded with more points. And depending on how you receive the points, you could owe tax on their value. See the Full Story

More News 5 mistakes people make when disputing credit report errors If you're not careful, you could unknowingly undermine your consumer rights – as well as the ability to successfully challenge your case – when disputing credit report errors. See the Full Story

FICO's Scott Zoldi: Card-not-present fraud a growing threat The shift to chip-enabled credit cards is making in-person purchases safer, but fraudsters are now targeting consumers where EMV can't protect them. See the Full Story

Expert Q&A Rebuild credit, sleep better I have $16,000 in credit card debt and have depleted my savings due to medical debt. Should I pay off my credit card debt out of my IRA? Get the Answer

Taking Charge Save now for your summer vacation Now that the holiday season is over, can we just fast-forward through winter and focus on summer vacation? Unfortunately, there are still a couple of dreary, cold months ahead, but it's not too soon to start thinking warm thoughts and preparing financially. See the Full Story

Product News Amazon's new Visa Signature card gives Prime members 5 percent back If you are one of the 65 million people who currently pays $99 a year for Prime membership, Amazon wants to offer you the ability to earn more rewards on everything you buy at Amazon.com -- 5 percent back on Amazon.com purchases, to be exact. See the Full Story

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