---
title: 'Thursday roundup: Personal finance around the web'
description: 'Five interesting stories from around the web: After a two-day policy meeting, the Federal Reserve Open Market Committee released a new statement Wednesday, indicating that…'
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published: '2009-11-05T21:24:44.000Z'
modified: '2009-11-05T21:24:44.000Z'
section: Personal Finance
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![Thursday roundup: Personal finance around the web](https://money.com/img/logo-social.png)

Five interesting stories from around the web:

-   After a two-day policy meeting, the Federal Reserve Open Market Committee released a new statement Wednesday, indicating that [it would not raise the benchmark interest rate anytime soon](http://www.nytimes.com/2009/11/05/business/economy/05fed.html?_r=1&dbk). Bankrate.com translates the statement into plain English in [this handy table](http://www.bankrate.com/finance/federal-reserve/federal-reserve-translation-nov-4-2009.aspx). \[The New York Times, Bankrate.com\]

-   Bank of America pledged to stop increasing interest rates for current cardholders, only to announce the introduction of new annual fees for some users starting next year. Odysseas at WalletBlog [alleges it's a bait-and-switch -- and a violation of the forthcoming CARD Act](http://www.walletblog.com/2009/11/bank-of-america-readies-itself-to-break-the-law/). \[WalletBlog\]

-   Your bank account balance rises after you sign up for text-message reminders to save, [concludes a new study](http://money.blogs.time.com/2009/11/04/the-text-message-savings-plan/). \[It's Your Money\]

-   Sign up for the British Airways Signature Visa card and [get 100,000 bonus miles](http://bucks.blogs.nytimes.com/2009/11/04/the-best-credit-card-signup-bonus-ever/#more-1905), one of the most generous offers around. \[Bucks\]

-   Intuit closed its deal to acquire money management site Mint.com this week, and it comes with the news that [all Quicken Online users will be migrated over to Mint](http://www.techcrunch.com/2009/11/03/mints-aaron-patzer-we-will-end-of-life-quicken-online-in-six-to-nine-months/) in the coming months. \[TechCrunch\]

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