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What is Unclaimed Money & How to Find this

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Unclaimed Money: During this period, a neglected savings account or a misplaced paycheck might be a lifeline for many people. Fortunately, there are reputable websites that can assist you in your search for these cash windfalls. Finding unclaimed money is very simple especially for those who want to claimed unclaimed money in Florida

How to Recover Money That Has Been Misplaced

To begin, go to NAUPA’s Unclaimed.org, which is a national network that collects records from all 50 states. There are links to each state’s official unclaimed property program from there. Because they are all verified government resources, you should use NAUPA-provided websites rather than a general search engine.

You’ll be sent to the state’s official website when you click on it. If you officially changed your last name, search for your unclaimed money using both your current and maiden names. You might also wish to try various search queries, such as using your first name’s first initial plus your entire last name.

Because unclaimed property is reported to the state where the business or organization is situated, it’s typical to lose money in multiple locations, especially if you’ve moved between states.

How to reclaim money that has been forgotten?

While you may not have lost money in a forgotten bank account, there’s a good possibility you have some money sitting around that you might use right now.

The first thing to consider is your credit card rewards. If you have a cash-back credit card in your wallet and use it frequently, keep in mind that you’ve earned money that could come in handy.

Cardholders can redeem cash back for checks or statement credits once they’ve earned $25 with the Citi® Double Cash Card, which offers 2% cash back: 1% on all eligible purchases and an additional 1% when you settle your credit card bill. Select discovered that, assuming cardholders optimize their rewards potential, the average consumer can earn $437 in cash back after just one year and $2,185 after five years.

However, it isn’t simply cash-back cards that are useful right now. You may use your travel credit card points on non-travel options like cash back or merchandise now that travel is arguably on hold for a long time. (It’s worth noting that the redemption rate is likely to be lower than if the points were used for travel.)

If you hold the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve®, for example, you can use your Ultimate Rewards® points for Amazon.com purchases or as cash back in the form of a statement credit or a direct deposit into your bank or savings account.

And, as Americans’ buying habits changed as a result of the epidemic, credit card companies responded by adjusting their rewards programs, including changes to travel credit, through the end of the year. Users of the Citi Prestige® Card can use their $250 yearly travel credit at supermarkets and restaurants to make qualified purchases.

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