How to Invest in Cryptocurrency Mutual Funds

Key Insights at a Glance

• The Chase Ultimate Rewards scheme stands tall as one of the most prized and adaptable credit card rewards platforms out there.
• Points are accrued by spending on qualifying Chase cards, shopping through Chase’s portal, or inviting friends to apply for a Chase card.
• Redemption pathways are plentiful: think statement credits, direct cash back, gift certificates, travel bookings, and more.
• Certain Chase cards turbocharge your points, allowing 1:1 transfers to elite travel partners or sweetening the deal with a 25% to 50% boost when redeemed via the Chase Travel portal.

Chase Ultimate Rewards arguably reigns as the globe’s leading flexible travel reward program—and it’s crystal clear why. If your curiosity’s piqued about how a versatile card might tilt the scales in your favor, you’re exactly where you need to be. Dive in to grasp how these points operate, ways to rack them up, and the top-tier methods to squeeze exceptional value from your rewards.

Decoding Chase Ultimate Rewards Points

At heart, Ultimate Rewards points function as a digital currency earned through usage of a qualifying Chase card, which can shift in earning structure from quarter to quarter.

Though there are myriad avenues to gain points within the Ultimate Rewards framework, holders often get most jazzed by the vast spectrum of redemption choices available. This roster includes cash rebates, statement credits, gift cards, purchases on Amazon and PayPal, and, notably, travel-related redemptions. Premium cards like the Chase Sapphire Reserve® can elevate the value of your travel redemptions by up to 50%, making travel options especially enticing.

This walkthrough intends to demystify the Ultimate Rewards universe and guide you toward maximizing your haul.

What’s the Real Value of Chase Ultimate Rewards Points?

Typically, Ultimate Rewards points convert to roughly one cent each when redeemed for gift cards, cash back, or statement credits.

Scoring 1 cent per point for cash or statement credit is a solid sweet spot—outperforming some competitor travel reward cards. In certain circumstances, you might unlock more juice, especially via gift card “flash sales” on the Chase portal, where you snag discounts on points required.

Travel redemptions can crank value even higher. For instance, the Chase Sapphire Preferred® pumps up your points by 25% on travel redemptions via the Chase portal, while the Sapphire Reserve® boosts this to 50%. In raw numbers, 100,000 points translate into $1,250 or $1,500 toward travel bookings, respectively.

Transferring points to Chase’s roster of airline and hotel partners opens another door to elevate point worth, often clocking in around 2 cents per point on premium travel redemptions. Ultimately, how much your points are worth hinges on your savvy with redemption choices post-transfer.

Mastering the Art of Earning Chase Ultimate Rewards Points

Good news: racking up Ultimate Rewards points is easy, and you can amplify your haul with some thoughtful spending tactics. Let’s lay out the prime methods to milk your rewards:

1. Maximize Spending on Qualifying Chase Cards

The most straightforward route to pile up points is by charging everyday expenses to an eligible Chase card. Know your card’s reward breakdown inside out, zeroing in on categories that dish out the highest points returns.

Example: The Chase Sapphire Preferred scores you 3X points on online groceries, while the Chase Freedom Unlimited® dishes out 3X points on pharmacy buys.

2. Harness the Power of the Chase Shopping Portal

Also dubbed the “Chase trifecta” strategy, stacking multiple cards and leveraging the portal can significantly amplify your points. After logging into your Chase account and hopping onto the Ultimate Rewards portal, you’ll grab access to heaps of deals from prominent brands, complete with bonus point multipliers per dollar spent.

Pick a featured offer, shop as usual via the retailer’s site, and watch your points pile up faster than usual.

3. Refer a Friend and Reap Rewards

Sharing is rewarding: when a pal signs up for a Chase card using your referral link or code, you snag bonus points. The rewards vary by card, but typically come as a healthy dose of Ultimate Rewards points.

Smart Ways to Redeem Chase Ultimate Rewards Points

There are myriad redemption paths, with statement credits and cash back each valuing points at about 1 cent apiece. You can also funnel your rewards straight into a linked Chase checking or savings account.

Special note: Gift cards can occasionally be scooped up for less than 1 cent per point during Chase’s promotional sales, but these deals ebb and flow.

Amazon and PayPal Purchases

While you can redeem points for Amazon or PayPal purchases, expect a lower bang for your buck—only about 0.8 cents per point. For example, redeeming 1,000 points nets just $8 when used this way. It’s wiser to redeem points as cash back or statement credits and then shop through these platforms.

Shopping Apple

If high-end gadgets are on your radar, redeeming Ultimate Rewards points at Shop Apple can ease the sting on costly electronics like iPhones and Macs. Occasionally, Chase rolls out promos with enhanced redemptions on Apple gear, depending on your card.

Travel Bookings via Chase Travel Portal

Beyond merchandise and statement credits, all Chase cards earning Ultimate Rewards let you book travel through Chase’s dedicated portal.

Search flights, hotels, car rentals, and unique experiences by selecting your destination and travel dates, which serves up a menu showing required points per option. Falling short on points? You can bridge the gap with cash.

Heads-up: Points from Sapphire Preferred and Reserve cards enjoy a 25% and 50% uplift in value, respectively, when redeeming travel this way.

Dining and Special Experiences with Chase

Holders of Sapphire-branded cards can funnel points toward exclusive dining deals, event tickets (concerts, sports, etc.), and home-delivered meal kits, with redemption values and offerings changing frequently.

Partnering with Chase Ultimate Rewards

For those carrying the Sapphire Reserve, Preferred, or Ink Business Preferred® card, the “transfer to travel partners” option opens up superior reward potential.

Point transfers to Chase partners usually happen on a 1:1 basis, and sometimes even better. This remains arguably the best route to squeeze maximum value from your stash.

How to Transfer Your Points

Simply log in to your Chase account, navigate to the Travel portal, and find the transfer points feature. Link your Chase account to a loyalty program of your choice, then shift your points over—usually in chunks of 1,000. Transfers are mostly seamless, with 1 point becoming 1 mile or hotel point, though periodic transfer bonuses may sweeten the deal further.

Chase Travel Transfer Partners:

Airlines

• Aer Lingus AerClub
• Air France/KLM Flying Blue
• Air Canada Aeroplan
• British Airways Executive Club
• Emirates Skywards
• Iberia Plus
• JetBlue TrueBlue
• Singapore Airlines KrisFlyer
• Southwest Rapid Rewards
• United Airlines MileagePlus
• Virgin Atlantic Flying Club

Hotels

• IHG One Rewards
• Marriott Bonvoy
• World of Hyatt

Chase Cards That Rake In Ultimate Rewards Points

A rich lineup of Chase credit cards lets you accumulate Ultimate Rewards points. Here are standout picks and why they shine:

Chase Sapphire Preferred® Card

Bankrate rating: 4.9/5 stars

Ideal for those seeking a well-balanced travel companion with categories like dining and online groceries rewarding more handsomely.

Welcome Bonus: 75,000 points after spending $5,000 within first 3 months. Thanks to the 25% travel redemption boost, these points can be worth over $1,250.

Key Rewards:

• 5X points on travel booked through Chase
• 5X points on Lyft rides through September 2027
• 3X points for dining, select streaming, and online groceries
• 2X points on other travel
• 1X points on all other purchases

Annual Fee: $95

Perk: 25% bonus value on travel redemptions via Chase Travel portal.

Chase Sapphire Reserve®

Bankrate rating: 5/5 stars

This card asks for a $795 yearly fee but pays back through premium travel benefits: Priority Pass, annual $300 travel credit, and more.

Welcome Bonus: 60,000 points after spending $4,000 in first 3 months.

Rewards Earned:

• 10X points on Lyft rides through March 31, 2025
• 10X points on dining, hotel stays, and car rentals via Chase Travel
• 5X points on airfare via Chase Travel (post $300 credit)
• 3X points on general travel and dining (post $300 credit)
• 1X points on all else

Annual Fee: $795

Extras: 50% point boost on travel redemptions, $300 travel credit, Priority Pass Select access, and assorted premium perks.

Chase Freedom Unlimited®

Bankrate rating: 4.5/5 stars

Perfect for everyday spending with zero annual fee—though pairing it with a travel card is needed to unlock transfer benefits.

Welcome Bonus: Earn a 1.5% bonus on all spending (up to $20,000) in first year, maxing at $300 cash back.

Earning Breakdown:

• 5% cash back on travel booked via Chase Travel
• 5% back on Lyft rides through March 2025
• 3% back on dining and pharmacy purchases
• 1.5% back on everything else

Annual Fee: $0

Bonus: 0% intro APR for 15 months on purchases and balance transfers.

Chase Freedom Flex®

Bankrate rating: 4.8/5 stars

This card shines if you want quarterly rotating bonus categories, scoring 5% cash back on up to $1,500 in spending each quarter in those categories.

Like Freedom Unlimited, it requires pairing with a premium travel card to enable points transfers to partners.

Welcome Bonus: $200 cash back after spending $500 in first 3 months.

Bonus Structure:

• 5% cash back on quarterly rotating categories (up to $1,500)
• 5% back on travel via Chase Travel
• 5% on Lyft rides through March 2025
• 3% on dining and pharmacy buys
• 1% on all else

Annual Fee: $0

Extra: 0% intro APR for 15 months on purchases and transfers.

Ink Business Preferred® Credit Card

Bankrate rating: 4.1/5 stars

Geared toward business owners, offering rich rewards in key categories plus a generous welcome bonus.

Welcome Offer: 90,000 points after spending $8,000 in 3 months.

Rewards:

• 3X points on travel and select business expenses (up to $150,000 per anniversary year)
• 1X points on all other charges

Annual Fee: $95

Perks: Free employee cards and a suite of travel and purchase protections.

Final Thoughts on Chase Ultimate Rewards

As a currency, Chase Ultimate Rewards points pack considerable power, backed by an extensive range of ways to redeem. Keep in mind, though, the true value hinges on which cards you carry and your redemption savvy.

Before jumping headfirst into cash back, take a moment to explore the Chase Travel portal’s full offerings and perks. With a firm grasp on your options and how your card’s benefits mesh, you’ll be set to optimize your rewards haul.

*Note: Details related to Chase Freedom Flex® and Ink Business Preferred® Credit Cards were compiled independently and haven’t been vetted by the card issuer.

Frequently Asked Questions

Do Chase Ultimate Rewards Points Ever Expire?

One of the program’s perks: your points remain alive and kicking indefinitely, as long as your account stays open and in good standing.

What Are the 2025 Bonus Categories for Chase Freedom Flex®?

Refreshed every quarter, these categories shift periodically; consulting the latest guide is your best bet for a current list.

Is There an Annual Fee for Chase Ultimate Rewards Cards?

It varies by card. No-fee options like Chase Freedom Unlimited® and Freedom Flex® earn points without a yearly charge but require pairing with premium cards (Sapphire Preferred®, Reserve®) to unlock point transfers to travel partners, which carry annual fees.

Cryptocurrency’s allure stretches far beyond just digital coins; it’s famed for transforming visionary pioneers and early believers into staggering billionaires overnight.

Here’s a rundown of five of the most affluent figures in the crypto universe — from the masterminds behind massive exchanges to the steadfast investors weathering the wild storms of the market, including trailblazers who paved the way.

Data compiled from Bloomberg as of June 30, 2025

1. Changpeng Zhao: Architect of Binance’s Meteoric Rise

Binance, one of the globe’s largest cryptocurrency exchanges, owes much of its breakthrough to Changpeng Zhao, who helmed the company as co-founder and former CEO. What began as a career coding trading algorithms spiraled into something far grander when Zhao, in 2013, was advised by Bobby Lee—then CEO of BTCC—to tuck away 10% of his savings into Bitcoin.

Although initially hit by Bitcoin’s sharp downturn, Zhao bet the farm by selling his apartment to double down on the digital asset. As Bitcoin bounced back, Zhao seized the moment to launch his own exchange. By 2017, Binance was born—and it turned a profit in under three months.

However, Zhao’s tenure ended in 2023 following his guilty plea to U.S. anti-money laundering violations. The ensuing penalty saw Binance shelling out a hefty $4.3 billion fine. Despite the controversy, Binance’s user base ballooned past 250 million by late 2024, with Zhao reportedly holding a commanding 90% ownership stake, according to Forbes.

The bottom line: Zhao’s net worth is estimated at an eye-watering $45 billion.

2. Brian Armstrong: From Airbnb to Crypto Trailblazer

Brian Armstrong’s journey began in software engineering, which led him to Airbnb—a place where he spotted a glaring inefficiency: sluggish and expensive payments to Latin America. Recognizing crypto’s potential to overhaul this cumbersome system, Armstrong moonlighted developing a crypto marketplace on the side.

That side project eventually blossomed into Coinbase, the crypto exchange giant that went public on NASDAQ in 2021, sporting a market cap near $89 billion. Armstrong remains its CEO and owns roughly 13% of shares, based on filings from early 2025.

Net worth snapshot: Around $15 billion, riding the wave of Coinbase’s growth.

3. The Winklevoss Twins: From Olympic Rowers to Bitcoin Billionaires

Cameron and Tyler Winklevoss carved their place in crypto lore after famously tussling with Mark Zuckerberg over Facebook’s origins. Using the $11 million settlement from that dispute, they plunged into Bitcoin back in 2012—the very move that crowned them the first Bitcoin billionaires five years later.

Beyond Bitcoin, the twins spearheaded Gemini, a leading crypto exchange and custodian, fortifying their position in the market.

Quick Fact:

• The Winklevoss twins invested early, turning their Facebook settlement into a multi-billion-dollar Bitcoin empire.
• They are pioneers not only in investing but in building infrastructure for crypto trading and custody.

4. Giancarlo Devasini: The Brain Behind Tether’s Stability

Giancarlo Devasini’s entry into the cryptosphere was sparked by his fascination with Bitcoin and partnership with Raphael Nicolle during their work on Bitfinex, a platform revered for its advanced trading features. Devasini rose through the ranks as CFO before founding Tether in 2014, the groundbreaking stablecoin project that revolutionized crypto liquidity.

Although not the creator of the currency itself, Devasini steered Tether’s corporate growth for years and shifted to chairman in March 2025. Forbes credits him with owning nearly half—47%—of the company.

Estimated fortune: Approximately $11.5 billion.

5. Michael Saylor: Software Mogul and Bitcoin’s Biggest Advocate

Michael Saylor’s MicroStrategy, rebranded as Strategy, boasts a market capitalization north of $113 billion and is widely noted for its massive Bitcoin treasury. The company’s holdings peaked at an astonishing nearly 700% increase, highlighting the scale of its crypto bet.

As of mid-2025, Strategy owns 597,325 bitcoins, amassed at an average entry price of $70,982 each, underscoring its deep commitment to crypto exposure. Some investors view Strategy as a leveraged avenue into Bitcoin, though this approach carries inherent risks.

Saylor’s net worth: Stands around $8.3 billion.

One of the heftiest costs in the home-buying journey is typically the commission itself. As of February 2025, the median home price in New Jersey stood notably higher at $520,700 — translating to a commission north of $31,000 when accounting for the typical rates.

Gone are the days when sellers shouldered the entire commission tab from their sale earnings; nowadays, each side often settles their agent’s fees directly. Let’s dig into how this dynamic breaks down.

How Real Estate Agent Fees Are Split

When it comes to commissions, representation splits between two key players: the seller’s agent (aka the listing agent) and the buyer’s agent. On average, the listing agent claims about 2.55% of the sale price — roughly $13,278 for that median-priced New Jersey home. The buyer’s agent typically pockets a close 2.52%, or around $13,122.

Regional Price Swings and Commission Variations

The Garden State’s housing market is anything but uniform. Prices—and consequently commissions—vary widely depending on whether you’re eyeing a beach town or a New York City suburb. Below is a snapshot illustrating estimated commissions in selected New Jersey cities, calculated with the average rates mentioned:

Note: The commission percentages are applied uniformly to illustrate potential expenses.

New Jersey’s housing landscape is a patchwork of fluctuating price points, thus influencing commission totals accordingly.

The Nuts and Bolts of Agent Commissions

Agents, whether backing buyers or sellers, put in substantial work that justifies their fees. On the seller’s end, the agent doesn’t just slap a price tag on a home — they advise on the most strategic listing price to attract serious buyers without leaving money on the table. After a home hits the market, the agent amplifies its visibility through marketing campaigns, open houses, and exclusive showings, while skillfully negotiating to rake in the best possible deal. Don’t overlook the mountain of paperwork they navigate during closing — a process far from trivial.

Buyers, meanwhile, rely on their agents not only to spotlight properties that fit their tastes and budget but to arrange showings and handle negotiation details. Like their seller counterparts, buyer’s agents also shepherd clients through the closing maze, ensuring all documentation is in order.

Who’s on the Hook for Commissions in New Jersey?

The question of who foots the bill for agent commissions boils down to deal specifics — not just in New Jersey but nationwide. Pre-2024 home deals saw sellers typically absorbing the entire commission tab. However, this has evolved: now buyers may directly cover their agent’s share.

Keep in mind: While skipping an agent might seem like a tempting way to cut costs, consider whether you have the bandwidth, market insight, and bargaining chops to steer the transaction solo without costly missteps.

Is Hiring an Agent Worth the Price?

Your choice to enlist an agent should hinge on your personal objectives. Sellers aiming to maximize profits might find that the expertise of a well-versed real estate pro pays dividends. Buyers, especially in fast-moving markets, often benefit immensely from seasoned guidance to pinpoint the right home and negotiate favorable terms.

Strategies to Trim Commission Costs

Commission fees can weigh heavy, prompting many to explore ways to lighten the load. Here are some savvy avenues to consider:

• Haggle on the commission rate: Real estate is a negotiation playground — don’t hesitate to ask agents if they’re flexible on their cut. Even a slight discount can save you thousands on a typical New Jersey home sale.
• Go for discount brokers: Opting for agents who offer reduced fees can lower upfront costs, though it often means you take on more legwork, from pricing to marketing to navigating closing complexities. For the DIY seller route, consulting a local real estate attorney is wise to avoid pitfalls.
• Consider cash buyers: Selling to companies that buy homes outright for cash can speed up the process and cut agent fees — but beware, these deals often come at a price: less than market value, which slices into your potential profit.

Tips for Finding Your New Jersey Real Estate Pro

Locating a trustworthy agent is key. If you’re new to real estate representation, tapping into recommendations from friends or family can be invaluable. Scouting local listings and signage in neighborhoods you’re interested in also helps identify agents familiar with the area. Once you’ve shortlisted candidates, schedule interviews to find the best personality and expertise match for your needs.

• Understanding: The U.S. Courts recognize multiple bankruptcy categories.
• Eligibility: Your status—individual, company, or other entity—dictates available bankruptcy routes.
• Popularity: Chapter 7 and Chapter 13 top the charts, largely because they’re tailored for personal consumers.
• Impact: Bankruptcy wipes out debts but leaves a lasting dent in credit history.

What Bankruptcy Really Means

When mounting debts become unmanageable, bankruptcy steps in as a legal remedy, freeing debtors from crushing financial obligations while giving creditors a pathway to recoup part of what they’re owed. This process unfolds in federal court, where a debtor initiates the procedure by filing a petition.

Depending on the bankruptcy chapter, the court either assesses the debtor’s assets for liquidation or lays out a repayment blueprint spanning several years. Once completed, the debtor is legally discharged from certain financial commitments, essentially hitting the reset button on their monetary struggles.

However, this fresh start isn’t without its price. Valuable assets — think homes, vehicles, or other prized belongings — may be sold off to satisfy creditors, although some possessions typically enjoy protection under the law. The nuances of each bankruptcy type govern how these elements play out.

Snapshot of Bankruptcy Statistics

According to recent data, approximately 750,000 bankruptcy petitions are filed annually in the United States. Individuals make up nearly 90% of these filings, with Chapter 7 cases accounting for over 60% of individual bankruptcies. Meanwhile, Chapter 13 filings represent about 30%, highlighting their significance for those with regular income seeking debt reorganization.

Chapter 7: The Quick Liquidator

Veteran Miami lawyer Mark Hirsch, known for guiding clients through “tough legal crossroads” like bankruptcy, simplifies Chapter 7 as a tool for individuals or businesses with minimal or no income aiming to convert assets into cash to pay debts.

Under this chapter, a trustee liquidates non-exempt belongings to chip away at outstanding balances. Exemptions usually cover essentials — your primary home, retirement accounts, and everyday clothing typically stay off the auction block.

The process moves briskly, wrapping up in roughly half a year. Yet, the shadow it casts on your credit report lingers for a decade. Still, some debtors experience a rebound in their credit scores within a year or two post-discharge, as old delinquent accounts vanish.

Qualification requires passing a means test, showing your income falls below your state’s median. Exceptions exist, particularly for those whose debts mainly stem from business activities, allowing them to bypass some constraints.

• Best suited for: Individuals who clear the means test plus businesses.
• Debt outcome: Discharged and wiped clean.
• Key plus: Fast-track process, generally four to six months.
• Key drawback: Non-protected property can be forfeited; some debts may survive.

Chapter 9: A Lifeline for Municipalities

Crafted explicitly for cities, towns, and school districts, Chapter 9 permits municipal bodies to reorganize debt while staying operational. Unlike Chapter 7’s liquidation, this chapter safeguards assets, focusing on restructuring obligations.

Municipalities under Chapter 9 can stall creditor actions and draw up comprehensive plans involving loans, municipal bonds, or refinancing at softer interest rates to tackle debt burdens.

• Best suited for: Distressed local governments and public entities.
• Debt outcome: Restructured and renegotiated.
• Key plus: Automatic collection halt during reorganization.
• Key drawback: High costs and strict approval hurdles.

Chapter 11: The Corporate Rebuilder

Predominantly the domain of businesses seeking to shuffle debts while keeping doors open, Chapter 11 also welcomes individuals. It facilitates asset retention throughout the process.

Legally, corporations shield shareholders’ personal assets as separate from the business itself. However, sole proprietors face a different fate — personal and business finances blend under this filing, putting all eggs in one basket.

The procedure is notoriously intricate and expensive, making it a feasible route mainly for firms and affluent filers.

• Best suited for: Corporates and business partnerships.
• Debt outcome: Reengineered through restructuring.
• Key plus: Business operations continue uninterrupted with a creditor freeze.
• Key drawback: Resource-heavy and time-consuming.

Chapter 12: Tailored for Agricultural Families

Family farmers and fishermen enjoying steady income can turn to Chapter 12, a debt reorganization path akin to Chapter 13 but built for those with bigger financial loads outside Chapter 13’s reach.

Compared to Chapter 11, Chapter 12 is more straightforward; repayment plans often span three years but courts may grant up to five years. After satisfying these plans, debts get wiped clean — except for obligations like child support or alimony, which remain untouchable.

• Best suited for: Family farmers and fishermen with consistent income.
• Debt outcome: Paid off gradually through structured plans.
• Key plus: Flexible repayment over several years.
• Key drawback: Some creditors may prefer this to Chapter 7; simpler than Chapter 11.

Chapter 13: The Debt Reorganizer for Earners

Chapter 13 offers individuals with steady paychecks a way to reshape debts by spreading payments over three to five years. Mark Hirsch describes it as an option for those wanting a manageable repayment strategy.

Debtors typically repay some creditors fully with interest, while others receive a reduced settlement. This chapter demands regular income and enforces debt limits for eligibility.

Paul Koenigsberg highlights lesser-known perks, such as crafting personalized payment plans that ease monthly burdens and halting foreclosure to help homeowners catch up on missed mortgage dues — none of which Chapter 7 can provide.

• Best suited for: Individuals earning reliable income.
• Debt outcome: Repaid through tailored plans.
• Key plus: Protection from home foreclosure.
• Key drawback: Lengthy repayment stretching up to five years.

Exploring Options Beyond Bankruptcy

Because filing can severely damage your creditworthiness, bankruptcy should be a final choice. Before diving in, consider alternative strategies.

1. Tap Into Credit Counseling

Many bankruptcy routes require counseling first. These specialists provide ongoing assistance, helping you bargain with creditors or adjust payment terms, sometimes mimicking Chapter 13 benefits but with potentially less credit damage.

2. Slash Your Spending

Take a hard look at your budget. Negotiating with creditors can lead to reduced payments or delayed collections if bankruptcy looms, though success isn’t guaranteed.

3. Think About Debt Consolidation

Combining various debts into a single payment can offer clarity and possibly lower interest rates—if you qualify for favorable loans. Crucially, ensure the resulting repayment plan is sustainable to sidestep harsher financial remedies.

Final Thoughts

Whether you’re an individual or a business owner tangled in debt, bankruptcy can unlock relief. The choice of which bankruptcy chapter to pursue hinges on your unique circumstances and goals, especially the balance between shedding debts and keeping valuable assets.

Consulting with professionals—credit counselors or legal experts—before filing is wise. Their guidance can illuminate the best path forward and smooth the journey through what can be a complex financial maze.

Dreaming of planting roots in West Virginia? You’re far from alone—this rugged Mountain State proudly holds the crown for the largest slice of homeowner pie in the nation, with nearly 78% of its folks calling their own place home. Even though the typical home price nudged upward by about 4% over the past year, there’s plenty of support out there to soften the financial blow.

Snapshot: West Virginia Housing Market Stats

WVHDF HOMEownership Program: Climbing In With Confidence

The West Virginia Housing Development Fund’s flagship HOMEownership Program paves the way for rookies in the housing market by offering loans that can cover up to 100% of a property’s price at interest rates that won’t make your wallet weep. Pair this with options for help on down payments and closing fees, and you’ve got a potent combo. To jump in, applicants need to be first-timers (no homeownership in the past three years), purchasing in targeted counties, or veterans.

Essentials to Qualify

• Credit score minimum of 620, fluctuating based on county and household size
• Completion of a homebuyer education course (varies by loan)

Pros & Cons

• Advantages: Eligibility extends to condos and townhomes, broadening your choices
• Drawbacks: Monthly repayments on assistance loans

Movin’ Up Program: Leap Into Your Next Home

For existing homeowners eager to level up their living situation, the Movin’ Up Program from WVHDF offers a golden ticket. But it’s not just for the seasoned; newcomers can hop aboard too. Special low-income buyers might snag even sweeter terms under the Movin’ Up Special, enjoying reduced interest rates and mortgage insurance costs.

Basic Requirements

• Credit score threshold of 620
• Income caps: $130,560 for 1-2 person households, $152,320 for larger families
• Completion of a homebuyer education course (depending on loan specifics)

Perks and Pitfalls

• Benefits: Welcomes both first-timers and repeat buyers
• Limitations: Requires income and credit compliance

Down Payment & Closing Cost Assistance

In addition to loans, West Virginia offers dedicated funds to ease upfront costs. These grants, typically structured as 15-year second mortgages at a modest 2% interest, can cover down payment and closing expenses—often up to $8,000.

Advantages

• Supports down payments and closing cost coverage
• Accessible interest rates that are friendlier than typical market levels

Considerations

• Monthly repayments required on assistance loans

Localized Aid: City and County-Specific Assistance

Eastern Panhandle HOME Consortium

First-time buyers in Martinsburg or Jefferson, Berkeley, and Morgan counties may qualify for as much as $14,500 in help covering down payments and closing costs. This zero-interest loan is forgiven if you stick around for at least five years.

Qualification Criteria

• No homeownership within the last three years
• Purchasing a primary residence inside the specified area
• Meeting income and home price caps
• One year of steady employment in the same field
• Front-end debt ratio capped at 38%, back-end at 50%
• Minimum $500 buyer contribution
• Completion of a homebuyer education course

Up and Downsides

• Benefits: Applicability extends to multi-family homes, no repayment obligation, can be put toward down payment or closing costs
• Drawback: Buyer must contribute financially

Wood County’s Parkersburg Down Payment Assistance

Low- to moderate-income first-timers in Wood County can tap into up to $15,000 for initial expenses. Staying put for five years ensures the loan transforms into a grant.

Entry Points

• No ownership in past three years
• Primary residence must be in Wood County
• Buyers must fit income guidelines
• House price capped at $144,400
• Contribution of $500 or 3% of total down payment and closing costs, whichever is greater
• Completion of housing counseling course

Benefits vs. Limits

• Pros: Forgivable after five years, usable for down payment and closing costs
• Cons: Buyer contribution required, only $2,500 max toward closing costs

Charleston’s Home Blend Program

Taking aim at first-time buyers in Charleston or Kanawha County, the Home Blend program offers a potential $27,000 in assistance — $25,000 for down payment and $2,000 for closing fees. This aid is forgiven if all program rules are met.

Qualifications

• No homeownership in last three years
• Income must not surpass $48,900 (for a family of four)
• Minimum credit standards
• Contribution of at least $500 toward purchase
• Completion of homebuyer education

Pros & Cons

• Pros: No repayment required, covers down payment and closing costs
• Cons: Requires buyer’s cash input, capped closing cost assistance at $2,000

Additional Loan Options for First-Timers in West Virginia

Beyond state-specific programs, federal government-backed loans, including FHA, VA, and USDA loans, remain accessible for buyers throughout West Virginia. The USDA loans, in particular, cater to those purchasing in designated rural zones, often featuring zero down payments and competitive rates.

Understanding your local real estate landscape is a crucial piece of the homebuying puzzle. Keeping tabs on market trends, average prices, and loan options will arm you with the insight needed to navigate your purchase wisely.

Discover More: Other States’ First-Time Buyer Incentives

Every state rolls out its own set of programs and perks to ease first-time buyers into homeownership. Exploring these unique opportunities can reveal unexpected advantages and help you choose the best fit for your goals.

Key Takeaways

• Both the Capital One Venture and VentureOne Rewards credit cards stand out as reliable companions for jet-setters.
• With zero foreign transaction fees and a lucrative 5X miles on hotels and rental cars booked via Capital One Travel, these cards cater well to globetrotters.
• The Venture card dazzles with a heftier welcome bonus and a superior base earning rate, whereas the VentureOne shines with no annual fee and an introductory 0% APR on purchases and balance transfers.

If you’re torn between the Capital One Venture and VentureOne cards, this breakdown will steer you toward the best fit for your wallet and wanderlust.

Main Features Unpacked

The Numbers Behind the Plastic

According to available data, Capital One Venture customers tend to spend an average of $12,000 yearly on travel-related expenses, making the generous welcome bonus notably impactful. Meanwhile, the VentureOne appeals to lighter spenders with an average annual outlay below $8,000, favoring interest savings and fee avoidance.

Comparing the Cards: Sifting Through the Details

Welcome Bonus: The Big Splash vs. The Easy Catch

The Capital One Venture card blows away its sibling with a substantially heftier sign-up reward — 75,000 miles after $4,000 spent within three months, translating roughly to $750 in travel perks. Meanwhile, the VentureOne’s 20,000-mile welcome bonus after a modest $500 charge (equaling about $200 in travel) is much more accessible to those who prefer low hurdles.

If smashing a $4,000 spending target in three months feels like trying to run a marathon, the VentureOne’s less demanding threshold might be your pragmatic pick.

Rewards Rate: Where Every Swipe Counts

When it comes to ongoing earning potential, the Venture card reigns supreme with an unlimited 2X miles on every purchase, outpacing the VentureOne’s more modest 1.25X miles per dollar. Both infuse extra juice with 5X miles on travel bookings through Capital One Travel, sweetening the deal for frequent travelers.

Annual Fee: To Pay or Not to Pay?

The VentureOne card emerges the clear victor here, carrying zero annual fees, while the Venture charges $95. This makes the former a tempting choice for budget-conscious users or those new to travel rewards.

However, before dismissing the $95 fee, consider if your spending habits and perks would more than make up for this cost with the Venture card’s richer rewards.

Foreign Transaction Fees: A Dead Heat

Both cards waive foreign transaction fees, making them equally attractive travel companions when crossing borders.

How Much Will You Earn? A Year in Review

Imagine a year’s worth of charges: the break-even spend where both cards’ net rewards equalize is around $12,667 (about $1,055 monthly). Spend above that, and the Venture card likely maximizes your returns; below it, VentureOne keeps your earnings in the black without the drag of a fee.

First-year perks, such as the Venture card’s bigger welcome bonus and the Global Entry/TSA PreCheck credit, also weigh heavily in its favor, often justifying the annual fee quickly.

Why Opt for the Capital One Venture?

For most adventurers and travel enthusiasts, the Venture card delivers substantial bang for your buck. That welcome bonus alone outpaces the $95 fee, and with perks like Global Entry/TSA PreCheck credits, you’re looking at extra convenience and savings.

Extra Perks That Boost Your Travel Game:

• Up to $120 credit every four years for Global Entry or TSA PreCheck
• $50 annual credit on experiences via the Lifestyle Collection hotels
• Travel accident insurance
• Rental car collision damage waiver
• Extended warranty protection on purchases
• Access to Capital One’s digital assistant, Eno, which offers fraud alerts, real-time balance updates, and virtual card numbers for safer online shopping

Redeeming Your Hard-Earned Miles

To extract maximum value, prioritize:

1. Booking travel on Capital One’s travel portal at a fixed 1 cent per mile rate
2. Using miles as statement credits for travel expenses made with other vendors within the last 90 days
3. Transferring miles to partner programs for potentially greater redemption value

While other options like gift cards or PayPal/Amazon purchases exist, they tend to yield weaker value per mile.

Credit Score Advisory

Prospective Venture cardholders should ideally have a credit score in the ‘good’ range, typically a FICO score of 670 or above, to increase approval odds.

Why Choose Capital One VentureOne?

If paying an annual fee isn’t your style, VentureOne steps in with no yearly cost and an enticing 0% introductory APR for 15 months on purchases and balance transfers, followed by a variable APR between 19.24% and 29.24%. Bear in mind, a 3% balance transfer fee applies during this introductory phase.

This card also carries over many of the Venture’s handy features:

• Extended warranty protection
• Fraud alerts and security
• Access to Capital One Eno and Lifestyle Experiences

Mile Redemption Remains Comparable

You can redeem VentureOne miles similarly to the Venture card — think travel bookings, statement credits for recent travel, transfers to partner airlines, and gift cards. However, keep in mind its base earning rate is more modest at 1.25X miles per dollar.

Credit Score Expectations

Capital One recommends applicants have “good to excellent” credit, signaling a solid financial track record is preferred.

Final Thoughts: Picking Your Winning Travel Card

When stacking the cards side by side, the Venture typically appeals to those aiming to milk the highest rewards and willing to shoulder a moderate annual fee. Conversely, the VentureOne suits those who prefer no-fee cards and benefit from a generous introductory APR, ideal for balance transfers or upcoming large purchases.

For travelers craving even more perks — including Priority Pass Select lounge access — Capital One’s Venture X card might catch your eye, although it comes with a heftier $395 annual fee compared to the Venture’s $95 and VentureOne’s fee-free status.

Unsure which card suits your journey? Exploring comprehensive travel credit card comparisons can shed additional light tailored to your spending habits and travel aspirations.

Note: Benefits mentioned may vary by Capital One product and can be subject to Visa® or Mastercard® terms and conditions. Always review the specific Guide to Benefits before applying.

Key Insights to Keep in Mind

Snagging an $80,000 personal loan demands a mix of savvy planning and a close eye on your credit record, alongside hunting for the sharpest interest rates out there. While borrowing such a hefty sum is possible with a shaky credit background, it’s mostly a long shot unless you offer collateral or boost your creditworthiness first. Grasping every single cost tied to an $80,000 loan — from interest rates to hidden fees — before sealing the deal is absolutely essential.

Landing a personal loan north of $50,000 is a rare breed; in fact, most lenders won’t stretch that far, making an $80,000 loan rather elusive. The typical personal loan amount clocked in at a mere $6,200 during Q1 of 2025, underscoring just how uncommon these big-ticket loans are. While shopping around with at least three lenders is solid advice, it’s often tricky for such large sums, pushing borrowers to explore alternatives as a backup plan.

Because an $80,000 loan carries significant weight, qualifying for one isn’t a walk in the park. Assess your actual needs and budget capacity upfront, ensuring you can ride out those monthly repayments without stumbling.

Lenders Offering Loans in the $80,000 Ballpark

Traditional banks, credit unions, and digital lenders generally provide personal loans, but only a select few will approve amounts this substantial. That’s why lining up competitive options is crucial — not just for approval but also to snag the best APR available.

Top Contenders for Personal Loans in 2025

Discover Bankrate’s curated selection of standout lenders to pinpoint the perfect fit for your borrowing needs.

Wells Fargo

Rating: 4.6 out of 5 stars

What Bankrate Says

Only customers with at least a year of loyalty can qualify to borrow here. Loan amounts span $3,000 all the way up to $100,000, with repayment stretches up to 84 months. If you have qualifying checking or savings accounts, enjoy a small interest rate cut of 0.25%.

Perks

• Generous repayment periods
• Rapid access to funds
• Zero fees

Drawbacks

• Restricted to existing account holders
• Opaque credit requirements
• Historical regulatory concerns

Alliant Credit Union

Rating: 3.8 out of 5 stars

What Bankrate Says

As an online-only lender open to members nationwide, Alliant shines due to its minimal fees and speedy disbursal. Loans can reach $100,000, though the max repayment period is five years — which means hefty monthly bills for an $80,000 commitment.

Pros

• Swift funding turnaround
• Wide lending range
• No origination charges
• Autopay discount of 0.4%

Cons

• Repayment term is comparatively brief
• No option for co-borrowers
• Credit qualifications not disclosed
• Prequalification unavailable

LightStream

Rating: 4.5 out of 5 stars

What Bankrate Says

Funding offers up to $100,000 with a “Rate Beat” guarantee — if you find a better rate elsewhere for the same amount and term, LightStream slices 0.1% off it. Application is a breeze and, if approved, you might see the cash same-day.

Advantages

• Rate Beat promise
• Fast approvals and funding
• No fees
• Autopay saves 0.5%

Limitations

• No prequalification option
• Requires lengthy credit history

SoFi

Rating: 4.7 out of 5 stars

What Bankrate Says

Specializing in online lending, SoFi backs loans up to $100,000. No mandatory fees, but to unlock the lowest rates, an optional origination fee up to 7% might be required. Borrowers gain bonuses like travel perks, financial coaching, and discounts on future loans.

Benefits

• Quick green light and funding
• No compulsory fees
• Co-borrower option available

Downsides

• May require origination fee to access best rates
• Not accessible in every state

Blueprint for Bagging an $80K Personal Loan

While borrowing $80,000 calls for sharper preparation than smaller sums, the core steps don’t stray much.

1. Check your credit standing. Your credit dossier and score weigh heavily on the green light and conditions. Those with middling or poor credit rarely snag such a large loan. A pre-application score check can guide your eligibility and help target the best lenders.
2. Scrutinize eligibility hurdles. Lenders look at more than just your score — your debt-to-income (DTI) ratio, income level, and employment history also get the spotlight.
3. Scout lenders meticulously. When vetting offers, keep loan amount caps top of mind — plenty shy away from unsecured loans beyond $50K. Crunch the numbers and then submit your application.
4. Fill out the application. Most lenders permit online applications, speeding up the verdict. Be ready to provide any necessary documents.
5. Seal the deal. After approval, pore over the terms before signing on the dotted line.
6. Accept funds and start repaying. Normally, money lands in your account electronically within days. Clock your first payment due date and get clear on how to pay monthly.

Typical Requirements for Personal Loan Qualification

Most lenders will request details around your debt-to-income ratio, which weighs your debts against gross income. Stable job history and a solid credit track record also sweeten your chances of a thumbs-up.

Reality Check: What You’ll Need to Make the Cut

Since $80,000 is a hefty sum, expect lenders to want your DTI below 36%. Credit scores in the “very good” bracket, generally starting at 740, boost approval odds. Household income near or above $100,000 is often favored, along with cash reserves that reassure lenders of repayment ability.

The Real Price Tag on an $80,000 Loan

Brace yourself: the cost of an $80K loan stacks up, both monthly and in total interest paid. Interest accrues on the principal, fluctuating based on your contract terms. Even with decent rates, total interest can balloon into tens of thousands over the life of the loan.

Below is a breakdown of an $80,000 personal loan at a 12.64% interest rate over varying repayment periods. Note that monthly payments stay over $1,400, even stretched to 84 months.

Keep in mind, some lenders tack on extra fees. Tools that simulate how various interest rates and loan lengths impact your total cost can be invaluable. Getting a crystal-clear picture of all associated expenses before signing is non-negotiable.

Is an $80,000 Personal Loan Right for You?

Coming to grips with such a sizable loan means committing to substantial monthly debts over years, and risking credit score hits if payments falter. Reflect deeply on why you need the funds and whether delaying to save might be a smarter play.

Here are a few scenarios where an $80,000 personal loan might actually make sense:

• Real necessity and credit-building: Staying disciplined with repayments can steadily enhance your credit profile.
• Investing for growth: Ploughing funds into major home upgrades might boost your property’s value, offering a return on investment.
• Debt consolidation: Swapping high-interest debts for a lower-rate personal loan can soften your financial blow in the long haul.

Before taking the plunge, ensure you fully understand your monthly payment duties and have a bulletproof repayment strategy. Managing those installments comfortably is vital to avoid financial strain.

Alternatives to Taking an $80,000 Personal Loan

If the perfect personal loan doesn’t materialize, hunting for alternatives is wiser than locking in a deal that might spiral into trouble later. One option is a home equity line of credit (HELOC), which permits drawing funds multiple times within a set timeframe.

Cash-out mortgage refinance: This approach often involves loans backed by investor groups, which might boost approval chances but bring higher interest rates and fees.

Personal loans can make sense for a bunch of reasons — from consolidating debts to financing big-ticket wants like home renos, trips, or weddings. But forking out for an $80,000 loan carries significant cost and responsibility — so don’t take it lightly.

Pinpoint exactly how much you need and why before submitting an application. Often, a smaller loan can cover your goals better and save hefty sums on interest and fees.

Key Insights

• Posting bond with plastic is doable if the jail or bondsman gives the green light.
• Bail payment by credit card can happen onsite, over the phone, or through online portals.
• Beware: leaning on your credit card might ding your credit score.
• High credit utilization and missed payments are common pitfalls when using credit to cover bail.

When someone you care about lands behind bars, the chance to secure release by posting bail—a financial guarantee ensuring court appearances—comes knocking. By ponying up a predetermined sum, you or your loved one can walk free, relying on the promise to show up at court dates and eventually reclaim the funds.

That sum, however, is often steep, forcing folks already under stress to scramble for a hefty lump of cash.

In tight spots, a credit card might seem like a lifeline for covering bail. Across the nation, many detention centers have embraced credit card payments as a quicker fix compared to gathering physical money. Below is a creative rundown on navigating bail payments via credit card, plus critical caveats to mull over before swiping:

Scope Out Jail’s Payment Policies

Credit card bail payments aren’t universally accepted—the green light depends heavily on local jail regulations and county rules. Many detention centers now sport clear signage signaling acceptance of card payments, but always double-check beforehand to avoid surprises.

Pick Your Plastic Wisely

Got multiple cards tucked in your wallet? Lean on the one boasting sufficient credit to cover the bail. Interest rates also matter: if you plan on chipping away at the balance over multiple billing cycles, low or zero APR cards are your friends.

For those juggling introductory 0% APR offers, confirm if the bail payment qualifies under that sweet spot—otherwise, the interest charges could sneak up on you.

Find the Payment Method That Fits

You can drop your bail with a credit card in more than 500 jails nationwide—some offer self-service kiosks, others handle payments at the counter.

Another reliable route is GovPayNet (operating as GovPayNow.com), an online payment platform utilized by U.S. local governments and territories. This tool supports multiple cards in a single transaction and ensures a secure, flexible payment process.

Heads up: online payments might come with added costs such as court fees, card processing charges, and commissions.

If phone payments are your speed, just call the jail and follow their protocols. Since jails might have preferred ways to collect bail, a quick inquiry can help dodge unnecessary fees.

Tapping a Bail Bondsman When Cards Are Out of Reach

If you’re locked up and your personal effects—including credit cards—are held as evidence, you’re out of luck using your own plastic.

Enter the bail bondsman or a guardian angel with access to funds. Relatives or friends with usable credit cards can foot the bill on your behalf.

Failing that, licensed bail bondsmen come into play. They often accept credit cards, enabling you to repay once you’re freed and your possessions return.

Word of Caution: Scammers lurking as bail bondsmen can swindle you out of cash or personal data. Always verify licensing and visit an official office near the jail before signing anything.

What Unfolds After You Use a Credit Card to Post Bail?

Once bail is posted by card, the release procedure mirrors any other method—you’re out with a promise to appear in court.

Remember: paying off that credit card balance promptly is key to dodging interest charges. Also, some cards offer rewards like cashback or miles, but these perks often get eclipsed by processing fees connected to bail payments.

Credit Score Consequences

Charging bail can max out your credit line or even require tapping a second card, ballooning your credit utilization ratio. This spike can pull your credit score down, which might complicate future borrowing.

Experts often advise keeping credit usage below 30% of your available limit, with premium scores typically maintained under 10%. Overstepping these thresholds can hurt your credit standing.

For a personalized glimpse, tools like Bankrate’s credit utilization calculator let you preview how posting bail might impact your financial health and how long it’ll take to recover.

Other Ways to Set Bail Free

Credit cards aren’t your only ticket out. Alternative payment routes include cash, cashier’s checks, or debit cards. Plus, states permit different bond types such as:

• Property Bonds: Using assets like your home or vehicle as bail collateral. The catch? Failure to show up in court might cost you that property.
• Surety Bonds: The go-to choice involving a bail bondsman who pays the full bail for a fee (usually 10% of the total bail amount). Some bondsmen also ask for collateral.

Bottom line: If your jail welcomes credit card payments, you can settle bail online, by phone, or right at the facility. Credit cards come in handy paying bondsmen’s premiums too.

Just be mindful that carrying a large balance over time might severely dent your credit score due to soaring credit utilization. Rapid repayment is your shield against spiraling debt.

Finally, nonprofits such as the National Association of Bail Fund Supporters have sprouted across the U.S., helping people navigate bail challenges—worth a look if you find yourself stuck.