Hard inquiries may remain on your credit report for two years as a record of when you have applied for new credit, albeit they have a shorter-lived impact on your credit ratings. Hard inquiries may have varying meanings to various lenders, depending on the specifics of your credit history with each.

A product change at the same bank is the process of moving from one type of credit card to a different type of credit card. It's far simpler to switch products than to submit a new application, and for the new card, your credit limit will typically stay the same.

Navy Federal Credit Union offers a variety of credit cards with unique features and benefits. The Navy Federal CashRewards card offers 1.5% cash back on all purchases and a sign-up bonus of $200. The Navy Federal More Rewards American Express card provides 3 points per $1 spent on dining and entertainment, 2 points per $1 spent on groceries and gas, and 1 point per $1 spent on all other purchases. The Navy Federal Platinum card offers a 0% intro APR for 12 months and a low ongoing APR. The Navy Federal rewards Secured card is ideal for building or improving credit and requires a security deposit.

You may cut down on closing expenses by shopping around for the best deal on lender fees, negotiating with the lender, asking the seller for a contribution, and finalizing the loan towards the end of the month.

The Simple Bank was the first American neobank grounded in Oregon. It provided FDIC-insured check accounts to US citizens who permanently did not reside in the US. It was known for its budgeting tools and online banking services. In 2021, Simple bank was formally shut down.