BestCashCow is happy to assist journalists or other members of the media. We can quickly provide information and insight on banks, credit unions, banking trends, economic trends impacting savers, and related topics. Our database of over 2,500,000 banking products and 14,000 banks and credit unions can be used to provide data or insight on any bank-related story.
Our Chief Economist, Ari Socolow, is often asked to provide commentary on matters related to deposit accounts, mortgages and credit cards, as well as general economic trends. Ari's bio may be found here and members of the media are invited to contact him directly at ari.socolow@bestcashcow.com.
"These are long-term contracts, with issuers obligated to purchase some sort of minimum number of points every year,” Socolow said. “If consumers are not opening cards or transferring points to these programs, the companies have nothing to lose by offering bigger signup bonuses because they’re already obligated to buy the points." Read More
Why Fintech Cash Accounts Are Drawing Heightened Scrutiny - Financial Planning - January 15, 2020
"These partnerships are unproven," says Ari Socolow, owner and manager of BestCashCow.com, a site that publishes national savings rates. "One thing you learn [when dealing] with this type of regulation is that people can say anything they want. I find it a little concerning." Read More
But this partial lack of liquidity worries Ari Socolow, CEO of bank and financial product tracking website BestCashCow. It’s misrepresentation to call it a “savings account” or “CD,” he says, as it’s really investing in a loan. Read More
How to Squeeze Higher Returns From Your Savings - WSJ - February 10, 2019
Ari Socolow, owner and manager of BestCashCow.com—a site that aggregates savings rates at banks across the country—notes that those local banks more frequently pass the savings on to the consumer as a device to attract more business. Read More
How to Find Decent Yields on Savings - WSJ - October 7, 2018
According to Ari Socolow, who owns and manages the website BestCashCow.com—a clearinghouse of what banks across the country are paying on savings—smaller, local institutions and big-name online savings accounts have tended to pass on rising rates to their customers to help attract assets. Read More
Finding High Rates Online - WSJ - January 11, 2013
"You get some online banks that want to be leaders for a while and then drop out, and other online banks that want to take on the mantle of leadership or make a splash when they enter the market," says Sol Nasisi, president of the website BestCashCow.com, which tracks rates on savings products and mortgages. Read More
The Hunt for Higher Bank Yields - WSJ - July 12, 2012
Savers can get that extra yield "for doing almost nothing, without taking on any additional risk," says Sol Nasisi, president of the website BestCashCow.com, which tracks rates on savings products and mortgages. Read More
Five-year CD drops below 1% for first time ever - Memphis Business Journal - August 13, 2012
According to BestCashCow.com, Paragon National Bank in Memphis quotes a five-year CD with an APY of 1.26 percent with a minimum $10,000 investment. Read More
Business bits: Baystate Banks doing OK - MassLive - April 16, 2012
"Massachusetts banks are less likely to fail than banks in any other state in the country", the Patriot Ledger reports, citing findings by BestCashCow.com LLC, a Newton firm that based its findings on the each bank’s Texas ratio, a gauge to measure the likelihood for failure. Read More
5 Ways To Start Saving Today - Yahoo - February 17, 2012
The first thing to do is open the best savings account you can. Bestcashcow.com offers a comparison of the best rates on savings accounts. You can also compare accounts in your state. Read More
Municipal Bond Doldrums Reflect Local Spending Excess - 5/ 23/2011
"Four to five years ago, municipal bonds were considered completely safe investments with positive benefits. They were just as good as cash and offered tax benefits," says Ari Socolow, editor of bestcashcow.com, a site that advises consumers on rates for savings accounts, CDs, and "cash equivalents." Read More
Six Ways to Avoid Common Retirement Pitfalls - The Denver Post - 4/6/2011
Another survey from BestCashCow.com, a consumer website on banks and credit unions, found that Colorado’s community banks had the fourth-thinnest cushion to absorb losses from bad loans. Read More
How to Avoid Common Retirement Planning Pitfalls - The Street - 4/13/2011
"The retirement message doesn't work. Most people don't have the willpower or the financial ability to forgo spending today for a hazy benefit tomorrow," says Sol Nasisi, chief economist at www.BestCashCow.com, which provides information on banks and credit unions. Read More
One Fourth of Colorado Banks Failing - The Denver Post - 3/29/2011
Another survey from BestCashCow.com, a consumer website on banks and credit unions, found that Colorado’s community banks had the fourth-thinnest cushion to absorb losses from bad loans. Read More
How to Avoid the Latest Bank Fees - AOL Daily Finance - 3/24/2011
It sounds like a crazy strategy at first: Your bank is ticking you off by adding some nutty fee, and you're going to do more business with them? It might not be the first thing that comes to mind, but as Sol Nasisi, the chief economist of BestCashCow.com, a portal of comprehensive banking information, says, you can take advantage of "relationship pricing." Read More
Want Part of An IPO? You Could Go Dutch - The New York Times - November 10, 2006
"Underwriting banks who set the price in syndicated IPOs take samples of institutional sentiment in order to set the price," said Ari Socolow, chairman and editor in chief of an investor Web site, BestCashCow.com. Read More