The Consumer Financial Protection Bureauis warningpeople not to keep their money in payment apps.
Payment apps have no such insurance.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
You may figure that popular payment apps like PayPal, Venmo and Cash App are extremely unlikely to fail.
And you may be right.
The payment apps havent been publicly responding to the CFPBs consumer warning.
But the industry group they belong to, the Financial Technology Association, is defending the apps.
These accounts are safe and transparent, said FTA President and CEO Penny Lee.
Its hard to say.
They also let you store money inside the app, the CFPBsaid in a consumer advisory.
The company can earn money on these investments, while generally paying no interest to you.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
