If You Have More Than $1,000 in Your Checking Account, Make These 7 Moves

You’ve done it. You’ve built up a little cushion in your bank account — $1,000! It feels good, right? Those days of checking your account balance in a panic are behind you.

Congrats! You’re on the right path. Now it’s time to think about some longer-term goals. What do you want to accomplish next with your money? Do you need to save more? Do you want to buy a home someday? Invest?

What’s the next step to take? What are some specific things you can do to elevate your finances?

We’ve got some ideas for you:

1. Cancel Your Car Insurance

You might not even realize it, but your car insurance company is probably overcharging you. In fact, they’re kind of counting on you not noticing. Luckily, this problem is easy to fix.

Don’t waste your time browsing insurance sites for a better deal. A company called Insurify shows you all your options at once — people who do this save up to $996 per year.

If you tell them a bit about yourself and your vehicle, they’ll send you personalized quotes so you can compare them and find the best one for you.

Tired of overpaying for car insurance? It takes just five minutes to compare your options with Insurify and see how much you could save on car insurance.

2. You Can Become a Real Estate Investor for as Little as $10

Take a look at some of the world’s wealthiest people. What do they have in common? Many invest in large private real estate deals. And here’s the thing: There’s no reason you can’t, too — for as little as $10. 

An investment called the Fundrise Flagship Fund lets you get started in the world of real estate by giving you access to a low-cost, diversified portfolio of private real estate. The best part? You don’t have to be the landlord. The Flagship Fund does all the heavy lifting.

With an initial investment as low as $10, your money will be invested in the Fund, which already owns more than $1 billion worth of real estate around the country, from apartment complexes to the thriving housing rental market to larger last-mile e-commerce logistics centers.

Want to invest more? Many investors choose to invest $1,000 or more. This is a Fund that can fit any type of investor’s needs. Once invested, you can track your performance from your phone and watch as properties are acquired, improved, and operated. As properties generate cash flow, you could earn money through quarterly dividend payments. And over time, you could earn money off the potential appreciation of the properties. 

So if you want to get started in the world of real-estate investing, it takes just a few minutes to sign up and create an account with the Fundrise Flagship Fund.

This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund’s prospectus. Read them carefully before investing.

3. Skip the Hassle—Buy Property Shares for Only $100

Buying real estate usually means saving up forever, dealing with crazy paperwork, and being responsible for… well, an actual property. Yeah, it’s A LOT of work. But Ark7 makes investing so much easier. And you can start investing with just $100 per share.

It works kind of like buying stock. You share a piece of a property, earn monthly dividends, and if the value goes up, you can sell your shares for a potential profit. Over 100,000 people are already doing this, and Ark7 has paid out nearly $3 million in passive income to investors.

Ark7 experts review over 1,000 properties every month—selecting only the best. Ark7 is fully SEC and FINRA compliant, provides total transparency, and takes security seriously. They keep your data private and only share what’s necessary to process transactions.

Getting started takes just five minutes. Sign up, link your bank, buy a share, and boom, you own real estate. Download the Ark7 app today and start earning passive income!

4. Limited-time offer: $250 bonus for everyday purchases

Want to get $250 for spending $500? Yeah, it’s totally a thing.

The Chase Freedom Unlimited® card basically pays you for doing what you already do. Groceries? Yep. Gas? For sure. That “just one thing” Target trip that somehow became $87? Absolutely.

Right now, you’ll earn a $250 bonus after you spend just $500 in the first 3 months. That’s a solid chunk of cash for things that were already on your to-purchase list.

Here’s what you get and why it’s kind of a no-brainer:

• $250 bonus after you spend $500 in the first 3 months
• 5% back on travel through Chase Travel℠
• 3% back at restaurants and drugstores
• 1.5% back on everything else
• 0% intro APR for 15 months on purchases and balance transfers (then 18.99% – 28.49% variable APR)
• No annual fee (because honestly, who wants to pay for a credit card?)

You can redeem cash back anytime—no minimums, no waiting—and your rewards never expire. And yep, you’ll even get free credit score access thanks to Chase Credit Journey.

Oh, and millions of people already use this card, so you’re in pretty good company.Get the full scoop on the Chase Freedom Unlimited® card in about 60 seconds—no pressure, just straight-up rewards.

5. Earn Up to 4.50% APY on Your Savings

Most savings accounts are just… fine. They hold your money, but they don’t exactly do anything for you. LendingClub’s LevelUp Savings Account changes that. 

You can earn 4.50% APY^₁ just by depositing at least $250 each month. And even if you don’t quite get to $250, you’ll still earn 3.50% APY^₁ — which is way better than what most banks offer.

There’s no monthly fees, no minimum balance requirements, and FDIC insurance up to $250,000^₂. So your money stays safe while it grows. Plus, opening an account quickly means you can start taking advantage of these rates and growing your money almost immediately.

Why let your money sit there doing nothing? Check out LendingClub’s LevelUp Savings today and start making the most of every dollar.

6. Get to Work on Your Credit Score

Are you ready for a big purchase but can’t seem to get your credit sorted? Do you know if your payment history is accurate? How about your account balances? Not knowing is probably costing you. If you haven’t looked into identifying and fixing issues on your credit report, you could be literally paying for someone else’s mistakes.

Lexington Law Firm can review your credit report with you and begin the fight if any issues are found. Their attorneys and paralegals can send communications on your behalf to protect you against shady credit reporting processes. 

But don’t take our word for it. Carlos R. from Indiana said working with Lexington Law was a “great and painless experience.” Isn’t it time to ask Lexington Law Firm to review your credit report and fight for you?

Find out what’s going on with your credit with a free credit assessment today.

Get the most out of your spending. Learn more about this balance transfer card today. 

7. This Free App Will Give You up to $1K in Free Stock Just for Signing Up and Funding Your Account

Inflation is doing a great job of making it really difficult to buy, well… anything. And that includes stocks. 

Luckily, when you open a free SoFi Invest account and fund it with at least $10, they’ll give you free stocks in return — worth up to $1,000.

With SoFi, You can buy full or fractional shares of popular stocks, plus you can invest in exchange-traded funds — or collections of stocks.

If you’re new to investing, SoFi has automated investing tools to help simplify things. Plus, they won’t charge you any SoFi management fees.

It only takes a minute to open a free account and get started. Then, once you fund it with at least $10, SoFi will reward you with your free stock — which could be worth up to $1,000. 

*See terms

1. LevelUp Rate of 4.50% Annual Percentage Yield (“APY”) accurate as of 2/5/2025.  Standard Rate of 3.50% APY accurate as of 2/5/2025.  Rates are variable and subject to change at any time without notice, at the sole discretion of the bank.  

Level Up Rate is applied to the full balance of LevelUp Savings accounts that receive a total of at least $250 in deposits during the Evaluation Period. Otherwise, accounts will earn the Standard Rate of 3.50% APY. Interest payments, account bonuses, account  credits and reversals or refunds from the bank are not considered deposits for rate evaluation purposes. All LevelUp Savings accounts earn the LevelUp Rate at account opening and continue to earn the then current LevelUp Rate until the First Evaluation Period, to provide an opportunity to set up deposits.  While accounts will not move from the LevelUp Rate prior to the First Evaluation Period, the LevelUp Rate is variable and subject to change at any time, including prior to the First Evaluation Period.

An Evaluation Period is a statement cycle. The First Evaluation Period will be the third statement cycle after you open your account, with any rate change becoming effective the next statement cycle. For example, if you open in August, the first Evaluation Period  would be October with any rate change effective in November. Any rate changes will take place at the end of the first business day of the month and will be based on deposits in the previous statement cycle.  APY accurate as of 2/5/2025. Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. Fees may reduce earnings. $0 minimum opening deposit. Additional information can be found in the Product Terms & Conditions and FAQs.  

2. FDIC-insured up to $250,000 per depositor for each ownership category.

*Customer must fund their Active Invest account with at least $10 within 30 days of opening the account. Probability of customer receiving $1,000 is 0.028%.

Terms for ‘Claw’ Promotion: https://www.sofi.com/invest/clawpromotion/rules

SoFi Invest refers to the three investment and trading platforms operated by Social Finance, Inc. and its affiliates (described below). Individual customer accounts may be subject to the terms applicable to one or more of the platforms below.

1) Automated Investing and advisory services are provided by SoFi Wealth LLC, an SEC-registered investment adviser (“Sofi Wealth“). Brokerage services are provided to SoFi Wealth LLC by SoFi Securities LLC.

2) Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA(www.finra.org)/SIPC(www.sipc.org), (“Sofi Securities”). Clearing and custody of all securities are provided by APEX Clearing Corporation.

3) SoFi Crypto is offered by SoFi Digital Assets, LLC, a FinCEN registered Money Service Business.

For additional disclosures related to the SoFi Invest platforms described above, including state licensure of SoFi Digital Assets, LLC, please visit SoFi.com/legal.

Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform. Information related to lending products contained herein should not be construed as an offer or pre-qualification for any loan product offered by SoFi Bank, N.A.