al sharptons and such coming down and trying to put some of this stuff out. liz: "willis report" will have much more on breaking news coming up. david: stay tuned. we'll keep you abreast of the markets. what is happening in local news as well. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business. oops. that's the defense from the clinton foundation about the cash scandal plaguing hillary's campaign. >> it's a very expensive pattern. there are 11 instances. i think when you have one or two examples it is coincidence. when you have this many to me it is a trend. gerri: we'll have the latest foundation some are calling a slush fund. ford joining the list of automakers recalling hundreds of thousands of vehicles. we'll tell but the newest problem and if your car is safe. ♪ gerri: he promised a streaming service would revolutionize the music world but now it is being

called a failure. why he is blaming apple. a wave of refinancing could be causing another housing crisis. one expert takes on the dangerous road ahead. we're helping you decide for all the credit card offers in your mailbox. find out which rewards programs are best for you and your family. all that and more, coming up on "the willis report," where consumers are our business. you're looking right now at live pictures from baltimore where s.w.a.t. teams are clashing with protesters, following the funeral of freddie gray. now we'll be keeping an eye on events unfolding here. we will keep you updated throughout the hour. these are pictures from baltimore. and you should know this has been going on for at least two hours. maybe three. where protesters are in the streets. throwing cans, rocks, bottles at cops. sometimes the police are throwing them back. we've had three violent gangs saying, that they're working to

take outlaw enforcement. and as you can see the cops at times advancing on folks who are protesting. now, the police in riot gear, we know the fbi is monitoring what is going on. we've even seen a car set on fire. this happened to be a police car. we showed you video of that just seconds ago. but that is the only violence to property we've really seen. most of this, is folks throwing rocks and bottles. some stones. at the cops. now we have a s.w.a.t. teams in the area on the street. they're trying to restore order downtown. and of course these protesters they are protesting the death of freddie gray. he is a black man who died in police custody. he had a spinal injury that he received in police can custody. his funeral has just occurred. people now on the streets protesting this. as you can see right here. we've been watching these pictures for some time.

a lot of people milling about. some folks are, actively, trying to you know, get in the faces of cops, but we will continue follow this throughout the show. we'll continue to be bring you pictures. stay tuned, we're on top of the story. meantime though our other top story. what if you were to analyze the clinton foundation, like any charitable organization. that is a question that we're asking tonight. does the clinton foundation wisely spend charitable dollars? well the experts weighed in. the answer is a resounding number one expert even called it a slush fund for the clintons. these are not politicos. these are charity experts. here to weigh in on the findings a couple of politicos adam good man, republican strategist and liz harrington from the "washington free beacon." welcome to you both. great to have you here. we've been looking at for some time. i'm amazed what we find when we

pull this apart. adam i will start with you. so charity navigator, who we have on the show all the time, placed the clinton foundation on a watch list. they think there are problems with this non-profit. they don't like the way it runs itself. they say the money is not spent wisely. your reaction tonight? >> first of all the clintons have a new golden rule. the rule is whoever has the most gold rules. obviously they are on a list now, scarlet letter charities, that raise serious questions in this case, gerri, about our national security. but the most troubling thing of all, really in my opinion, comes down to the iranian -- uranium deal with russia. we learned russia owns the largest uranium supplier in the world. this is deal the state department not only ignored and turned its back on but the foundation abetted and improved. gerri: get back to the issue of the clinton foundation and how it is run and where the money

goes to. if you scratch the surface of any democrat they say what a wonderful charitable organization it is doing to help people in need, people who are hungry people who have aids. listen, 6% of the money it collected in 2013, 6% of the nine million of the, 140 million in total it collected, went to help people. liz to you, that seems to be an abominable record to me. what do you say? >> well exactly. these are issues that have been happening with the clinton foundation long before peter schweizer started looking into it. the numbers don't add up. one of the yesterday, 88% of the their expenditures go directly to their charitable programs. that is simply not true. as you mentioned they raked in 140 million. they only spent nine million on direct aid. the most of their money goes towards salaries, bonuses to close friends, folks tied to the

clip ton campaign. gerri: here is a list of foundation spending where the money goes. 30 million on payroll. 8.7 million to rent and office expenses. 9.2 to conferences and meetings. fund-raising eight million. near live 8.5 million on travel. we of course know, adam the clintons are not taking a salary out of this, but they have something like 2,000 employees all over the world. and this, coming from charity navigator. they say, quote, that the clinton foundation does not meet their criteria does not meet their criteria as a organization that does charitable work. you know who else is in the group my friend? al sharpton's group. al sharpton's national action network. they are in good company there. your reaction? >> how else, you said it. al sharpton is in the same group. is this anyway to run a charity where 6% are going directly into aid? where there are all sorts of questions raised about the

anadministration of the charity? most important, gerri we're talking about a charitable organization that helped russia secure the largest investment in uranium in the world. uranium is the prime product used to produce nuclear weapons. russia in january, came together in a new military alliance with iran. you have to ask yourself -- gerri: you mentioned this twice now, you mentioned this twice now. i agree, it is a huge problem but one of about a dozen that are outlined in the book written by peter schweizer, "clinton cash." i want you to listen what he had to say this weekend on the sunday shows. it is fascinating. listen to peter. >> my answer is, that is extremely troubling especially the fact that you find it is a very extensive pattern. there is not one or two examples. there are 11 instances. when you have one or two examples it coincidence. when you have this many to me, it's a trend. gerri: coincidence or trend that is a big question. liz, how do you answer the question? >> well the biggest defense they are having now is that there is

no direct evidence, there is no smoking gun but the problem is there is not there is no way schweizer was going to be able to get the smoking gun. he doesn't have access to hillary clinton's emails. he doesn't have subpoena power. the thing is there might never be a smoking gun because hillary clinton decided which emails were personal and maybe those had something to do with the clinton foundation, she thought it was separate. the problem it doesn't matter if there is direct evidence. he create ad pattern here which already fits in with the perception a lot of people have about the clintons, they use their power, for you know, personal favors and that they have stacked the deck themselves for -- gerri: power of personal favors i think you put that well. adam, to you, you're probably familiar with bill allison a government watchdog. he runs something called the sunlight foundation. he tracks money in the political world basically. he says the clinton foundation, operates get this as a slush fund for the clintons. do you agree?

>> a clever way to say it probably. first she announces she will raise 2 1/2 billion dollars for her campaign, mostly from hedge funds. now we hear about a slush fund through the foundation. bottom line hillary clinton has to explain to the american people, not through press releases and denials, exactly what happened here. this isn't just about a normal charity. this is about a group that reached out and has donations, a third of the donations were from foreign powers over a million dollars each. we need to know what happened and why. whether or not this has any impact on our concerns for our national security. gerri: well-put adam. liz, great job. thanks to both of you for coming on the show tonight. >> thank you. gerri: now we want to bring you the latest on breaking news story out of baltimore. check out these pictures. police in riot gear clashing with protesters in baltimore. dozens, that is of folks have been throwing objects at police. rocks, bottles, you name it. some of the officers are throwing them back, advancing on the crowd. a police car has become engulfed

in flames. according to baltimore police, seven officers were hurt in this chaos. we just lost, there we go. tensions erupted after today's funeral of freddie gray. he is a black man who died from a spinal injury that he suffered while in police custody. as the funeral was underway police said they received credible threats that three violent gangs are working together to take outlaw enforcement officers. we'll monitor this. we'll continue to show you pictures out of baltimore and bring you the latest of course. dynamic situation there. anything could happen. especially after this sunsets. also, today gas prices rose 15 cents over the past two weeks to $2.54 a gallon and that is the highest level so far this year but it is still much lower than it was a year ago. joining me now, patrick dehaan, senior petroleum analyst at gasbuddy.com. what is going on, patrick? >> you know suddenly you have a change in situation. you have the saudis dropping bombs on yemen and everyone is

worried about the middle east. here at home u.s. domestic oil production surprisingly starting to drop. no, it's a drop in the bucket. it doesn't amount to much. psyche of oil traders that production is dropping after years of increases. combined with slower than expected increases in eia crude oil invoke inventories every wednesday, you have a recipe maybe the bulls are come being back to the market and maybe they are now. gerri: let's break that down. two weeks you told us the build-up in crude supplies is pushing gas prices lower. but now we seem to be headed in the opposition direction. why is that? >> it goes back to the eia and its weekly report. oil inventories only rose 1.9 million barrels two weeks ago. that was way below the average. 2015 averaged 8.4 million barrels. to see a tiny number combined with 20,000 barrel-a-day drop in u.s. oil production absolutely the bulls came back in full force, oil prices rising, based

on something relatively insignificant. gerri: not an expert on these global affairs but i can tell you gas prices are up 15 cents a gallon in the last two weeks alone $2.54. >> yeah. gerri: is this the new normal? will we continue to go up or will we go down? >> i think we'll go down after perhaps we to up go up a little bit more. most of the increase is driven especially by west coast where refinery issues are back in full force. driving california's average to jump 25 cents a gallon. we'll get a break but it may take a week or two. gerri: get a break maybe take a week or to. we'll have you back to test that theory. patrick, so glad to have you on the show. good to see you. >> thanks. gerri: we have so much more to come including a look at apple's blockbuster earnings report. they came out just about an hour ago. next another, another auto recall, ford warns some of its cars unexpectedly fly open. we'll have details and tell whether your car is at risk. let us know what you think.

tweet me @gerriwillisfbn. or go to our website, gerriwillis.com. we'll be right back. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. [ male announcer ] legalzoom has helped start over 1 million businesses. if you have a business idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here

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gerri: more pictures from baltimore where seven police officers have been injured in a clash between s.w.a.t. teams and protesters. one of those officers reportedly unresponsive and others have broken bones after people threw bricks and rocks at police. the rioting erupted after a funeral for freddie gray a black man who died of a mysterious spinal injury while in police custody. police cars have been vandalized and set on fire. we can see looting going on right now that cvs store you can see in the pictures. we'll keep our eyes on these events. we'll bring you happens as it happens. keep track of this very important story. moving on now, a warning to those driving a late model ford fiesta fusion, or lincoln mkz. the automaker is recalling

nearly 389,000 vehicles with faulty door latches. this is defect that caused the car door to fly open while the car is in motion. with more on this, director of auto testing at "consumer reports," jake fisher. welcome to the show. great to have you here. we had a lot of recalls reported this year no doubt about this tell us about the mechanical part at fault in this. and is this of ford's design? >> sure. this is kind of a scary one here. when you're driving around you certainly don't want the door flying open. this is the latch that actually holds the door closed. it is actually, the spring is not working. so actually when you grow to slam the door shut, it won't shut. actually can bounce back open. that is what they have seen in the field. gerri: the most amazing story i heard was about a consumer who couldn't get the door to close. wanted to take it back to the dealership, held it closed with a rope. which is crazy. people can take it back to the

dealer. what will the dealer do for you free of charge? >> dealer will replace all the door latches on vehicle free of charge. that story was actually, took the seatbelt and wrapped it around the door. you don't want to do that. gerri: oh, my goodness. >> this very serious. the cars will be recalled. they will replace all the latches. if you have a new vehicle, if you bought the car new, they certainly will notify you when the car will be recalled. if you have a used vehicle, you may actually want to contact a dealer. you may not get that notice. gerri: wow. okay. that's important. so used vehicle, be careful. you may not get the notice. bring it in yourself. i want to show folks makes and models in question here. ford fiesta, 2012-14. ford fusion, 2013 to 2014. lincoln mkz to 2013 around 2014. can you see those? we'll put it up on the website in case you missed it. those are ford make and models that could have this problem. what advice do you have for

consumers here jake? who may have these cars? >> well, sure. obviously you want to get that recall done. what is interesting about these vehicles, all these vehicles were actually produced in mexico. and they were also redesigned vehicles. "consumer reports" we have over a million vehicles on our survey. these cars have not been reliable from the start. we've been telling people to avoid these cars. gerri: so they have not scored high with you guys. do you think -- >> not in terms of reliability. gerri: i have to ask you. we've seen other issues with some cars coming out of mexican plants where they have been manufactured. is this a mexico problem or is this a ford problem? >> well i would say it's a mexico problem. really is, a transplant problem. it is when an auto manufacturer is trying to build cars where it is somewhere not familiar with you can have issues like this. we saw with honda, honda was producing the fit. they actually postponed the launch of the vehicle for six weeks because they were having problems with a mexican plant. we've seen german manufacturers

have problem with american plants. when you have a new vehicle on the market, you're doing it a different plant, you really got to wait and buy the car maybe a year or two years into production if you're concerned about reliability. gerri: that is a great point jake. thanks for coming on the show. great to see you. >> good having you, thank you. >> we want to bring you the latest developments now on general motors ignition switches. we talked a lot about that on this show. the death toll from those crashes caused by the defective switches is now 90 folks, 90 people at the very least. the attorney hired by gm to compensate victims says these families will get compensation. an additional 163 injured persons will, as well. feinberg says more than half of the 4300 claims received by january 31st were ineligible. so an update there. later in the show, a look at the best credit card rewards programs. what can you get for free? and next it, was supposed to be the music world's answer to illegal streaming.

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$423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. gerri: moments ago apple released earnings. they blew away expectations. joining me rob enderle, president of enderle group. welcome back to the show. glad to have you here. looks like a trifecta beat on earnings and revenue. they sell mower iphones than anybody expected. how do you see it? >> exactly right. apple is on downside apple is becoming a single product company for the most part. that single product is doing swimmingly well.

kind of dominating the market. showcases as much that apple is executing well as it is showcasing how badly samsung and google is executing in the space. they're the big competitors. they took the battle to apple last year. they have all been but not present. apple is reaping benefits as a result. gerri: no kidding. let's look at numbers. revenue 58 billion. expectation was 56 and change. beat on sales of iphones, huge jump there really shocking. what is going on? is apple suddenly cool again. did it fall out of favor and come back? >> if you remember last year, samsung was running very successful campaign making fun of cap pell iphone users. end result that users were walking away from the iphone and picking up samsung products. since then, samsung kind of ran out of steam. they were outspending apple 3 x in terms of marketing. they couldn't sustain it. that is not profitable path to be on.

numbers came home to roost. samsung had to go back to regular strategy, apple rebounded and here we are. gerri: the revenue number was 58 billion, right? that is three times what americans typically spend on toys and games in a year. >> yeah. gerri: that is also equal, equivalent to the gdp of luxembourg and lebanon. so get the sense this is big, big, big. apple is, very big news. what happened to the, the iwatch, the apple watch, orders if did we get any details on that? >> well, not a lot. i mean they have been saying this is completely different launch. they're marketing like jewelry instead of regular products. therefore it is all online. jewelry isn't sold on line. we had a word for people that buy jewelry on line, jewelry or sucker. most people buy jewelry, buy it in jewelry stores. so that is how you know you're not getting cheated. gerri: rob. don't be negative. any jewelry is good jewelry in my view.

>> that is not always true. gerri: jay-z, is pointing finger at apple tonight. he is saying that apple is holding back his streaming music company called title. what is going on? >> well, there is some questionable stuff going on behind the scenes but for the most part title hasn't executed very well. it is very expensive service. they are catering to the very wealthy in terms of the entertainers. it hasn't really separated itself out. behind all of that there is some sense that their app wasn't approved on iphone very quickly. still not approved in its current form. they have been penalizing artists that do exclusive on title. but, and that could get apple in trouble. for the most part title hasn't been executing. even though apple is doing the stuff, reminds me of what microsoft did to netscape years ago they were doing nasty stuff behind the scenes but netscape completely pratfalled. didn't make a difference. same thing could be happening here.

apple could be doing something stuff that is questionable but title -- tied tall is falling anyway. gerri: thanks for being on the show. >> my pleasure. gerri: here is the question, are you ad dirked to apple and their products? log on to gerriwillis.com and vote. share the results at end of tonight's show. more apple news, "fox business alert." discover card users will soon be allowed to use apple pay. discover was last major card network to reach an agreement with apple to allow card holders to pay with the smartphone or apple watch. discover customers were complaining for months. they will get their wish in the paul fall. american express visa mastercard came on board late last year. coming up a new attorney general. we'll have the latest information in the headlines. >> tragedy in nepal keeps getting worse. we have advice to make sure your charitable donations truly help those people who need it. stay with us. shriek with joy.

until, inhibition creeps in our world gets smaller quieter, but life should be loud. sing loud, play loud, love loud. dentures shouldn't keep you quiet, life should be ringing in your ears. live loud, polident.

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gerri: welcome back to the willis report. in a moment, the latest on the earthquake in nepal. claiming more than 4000 lives. but it's time for a look at other stories in the news. police are responding at a baltimore mall. people are throwing objects at officers, injuring seven. protesters erupted after the funeral of freddie gray, a black man who died of a spinal injury he suffered in police custody. a flyer calling for violence. loretta lynch, she is the first african-american woman to hold that post. sworn in today replacing eric holder. she was confirmed on thursday after a delay. truck drivers working at the busiest port complex in california are walked off the job. stocks hovering at the flatline. ending in the red.

more than 150 companies in the s&p are also reporting earnings this week. chipotle has phased out genetically modified ingredients in its food. the ceo said it was best not to use gmos given the lack of consensus about their effect. those are some of the stories in the news tonight. the death toll from the devastating earthquake has topped 4,000 people. 7,000 injured. it only will rise as they make their way up to unreachable villages. relief workers say they're in desperate need for basic necessities. officials warning of the risk of water born and infectious diseases. survivors are living outdoors in crowded spaces. the heartbreaking images have many folks wanting to open their wallets and give money. how do you make sure your money is going to the right place? the victims not the

scammers. jacob, ceo of guide star. which keeps track of which nonprofits are the most efficient with your money and donations. the better business bureau is already saying, look out. there will be scammers out there trying to get your money with this nepal tragedy. have you seen any of the bad guys stealing money from people who just want to help? >> well gerri i'm glad to say, so far we haven't seen any scams. they're likely to come. the most important question in the end is not just avoiding the scammers, but finding those organizations that are truly excellent. that will get as much impact as possible for those souls. >> i agree with you. i need to hold with me on that question about scammers out there. people get caught up in this thing. they see the images we see right now. americans are generous. they want to help big time. they look for ways to do that. what should you be watching out for? what is the sign of a

website, a tweet, social media, that is being put out there by people who simply just want to take your money? >> so, you know there's a pretty easy solution here. any organization that you're considering giving to. you can go to guidestar.org. look them up. you can see if they're a legitimate organization. >> pardon me, jacob. are there red flags? are there red flags that you, i mom, dad could look for when they're trying to vet these organizations? i think guide star is a great place don't get me wrong. often people respond to the first person that asks them for money. >> i would say why be so reactive that you're responding to someone asking you. why not be proactive and find an excellent organization. it is true. there are scammers out there. if you see a website that's cobbled together. that doesn't have any information about the details of an organizations program or operations on the ground those are pretty good signs that those

organizations might be a fly-by-night operation. you should find those organizations that have the boots on the ground. where you know the dollars can be put to use effectively. >> some of the names tossed around. doctors without borders. save the children. those are organizations well-known. one caveat. sometimes people will set up an organization that's fake that sounds like the real thing. what is the critical metric that givers need to know before they put their money on the line? is there some performance metric out there that we can use? >> so there's no single metric. there's too much diversity in terms of what people are providing to boil it down to one simple metric. i would say the one factor is transparency. if an organization is open about what their goals are how they'll achieve them, what they're measuring, you have a pretty good chance that that organization will be legitimate. there's no single metric. the world is too complicated for that.

>> jacob, thank you for coming on the show. i appreciate it. another set back for one of the biggest for profit colleges in the country. a new housing crisis. homeowners using cash out refis they could do more harm to the economy than good to their bottom line. we'll explain. first, here's your consumer gauge with the numbers that mean the most to you. ♪

♪ gerri: it's the return of the cashout refi. he lenders are seeing a surgery in homeowners tapping their property for cash. here's what they do. they refinance their mortgage for more than they owe and pocket the difference in one lump sum. will this fuel another credit crisis? we're asking tim and a former fannie mae executive. thank you for coming in. this is like a nightmare coming back to haunt us. you gave us these

numbers, which i thought were fascinating. bank of america says that cashout refis are up 45%. lendingtree sees 40%. how come they're on fire here? is it just lenders doing more here or is there huge demand? >> a combination of things. i will pump the brakes a little bit. don't pull the fire alarm just yet. a lot of levels it's a positive sign that homeowners are getting enough confidence that the durability of this appreciation that they've gotten over the last years is here to say. now that they can take liberties not to the extent that they did during the housing run-up, but enough to pay off the debt they've accrued the five or six years. we've been in the recession. people haven't made any income. home improvements have been deferred. >> we have a lot of things that we'd like to buy. a lot of things on hold. tim tell us why people would opt for this product and what the problems were in particular in the past.

why were they such problematic products? >> well, back in the housing run-up of 2004 and 2006, you saw nearly a trillion dollars of home equity taken out of these properties. cashout refinances. we thought of the house as an atm. a cash management tool that equity was dead money. might as well put it to work because your values will always go up. that turned out to be a false narrative and took a lot of us to the cleaners. now things are very different. you've seen values come back up. but we're still off the highs. 15% from where we were. people are using it for more prudent things for the time being. paying off student loan debt. making home improvements. again, i think it's reasonable -- >> that raises a question, which is this when would you use a product like this? and what shouldn't you use a product like this for? >> yeah. good rule of thumb, this thing better be improving your quality of life. any time you're taking a cashout refinance. you're saving money on a

monthly basis. but you're just extending the payments. no great mystery for it. you don't want to be paying for a car or lavish vacation for the next 30 years. do things that make your life better. student loans. home improvements. reasonable investments. maybe small business. don't be speculative. and don't be reckless. >> good advice. thank you. >> thanks gerri. gerri: a programming note for you, coming up all next week, our user's guide to real estate. where the market is heading this year. what's hot, what's not. advice on upgrading your home. don't miss it. moving on now to education, new troubles for taxpayers tonight. the embattled for-profit corinthians colleges, they announced they're closing down the remaining 28 campuses after the government said it lied to applicants about the number of grads who got jobs after graduation. as the college collapses, former students are striking back demanding taxpayers

pick you up the tab. we have the latest with scott. executive director at the center for economic liberty. good to have you here. i have never seen such a massive institution shut down. is this the biggest one you know of? the biggest educational institution to close its doors? >> that seems to be the case. we're not sure if there's any bigger. but there's no record of it. gerri: all right. listen, this is a for-profit college. it took a lot of heat. lots of critics out there. my question tonight is, where will these 16,000 students go? >> that's on everyone's minds tonight. we're not sure. it would be brokered through the department of cashier. the students are being told that their transcripts will be transferred into other universities and colleges. but it's the end of the sermsz. colleges and universities are very full. it's unclear that the alternatives will be a lot better for these

students. the corinthians model is relying heavily on grants. >> the students paid the tuition for this semester. right? they won't get the grades. i mean, if they can't finish what do they do? >> they're being told that perhaps their student loan debt will be written off. it's just a really messy situation that will be a field day for lawyers and a lot of other people. we're not sure. there will be a lot of speculation as to their futures and how to make them whole. gerri: how did the doe not see this coming? they fined them $30 million for not treating students right. they were in the business of lending all this money to students who went there. did they not understand what they were doing? >> well it's kind of like an example of too big to fail. they were in the business of regulating them. at the same time giving them all kinds of federal aid and money to keep them afloat. this is what you get. it's a microcosm of what you see in higher ed

institutions right now. >> i want you to comment on the corinthians 100. these are students who say, we won't pay that debt off. these institutions are closed. we're not getting our education. we won't pay. now we have attorneys general in nine states asking for loan forgiveness for these folks. what will happen? >> it's hard to say. students do have a point. when you've actually gotten an education from a fraudulent institution. they've engaged in fraud. cooking their books. offering up claims about how much of their students are employed. that's a legitimate gripe to have. if there's ever a case to repudiate their debt, this might be it. that's on the american taxpayer if we do indeed forgive it. >> thank you for coming on. to get you back to baltimore here. we're continuing to follow the riot there. looting is continuing. as protesters had moved to a cash and check store. along with the looting

people have been hurling rocks and bricks at police for the past several hours. injuring several officers. some of them seriously. a cnn reporter was also attacked and injured. police have asked all residents to keep children indoors. and have suspended subway service in the area. it comes after the funeral of freddie gray. he suffered a fatal spine injury while in police custody. all eyes on that city tonight as the sun sets we'll have to wait and watch and see what happens. still to come, advice on figuring out which credit card should be in your wallet as we rank rewards programs. stay with us. ♪

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gerri: americans are bombarded by ads for reward credit cards. how do you choose the right one for you? according to a study from cardhub.com. $4 billion is unused in rewards. john the president for consumer education at credit sesame. how do you analyze all these offerings? there's so many of them. how do they do this? >> there are countless rewards options and they're all somewhat different. redemption. regulation. and earning capabilities are the metrics that the study used to -- >> ouch. >> i know right. the rewards cards issued by the top ten issuers in the country. how well they did across those four metrics determines the type of grade they got relative to their competitors. gerri: it's pretty scientific. the number one is

barclay card. >> it scores well. the reason most of them that did well, did well is because for every dollar you spent, you actually earned some form of reward. and the assumption is that whenever you use a reward card, you'll always earn some kind of a reward. that's not true. sometimes you have to register for certain programs that are seasonal to get the points. sometimes you may have excluded purchases meaning you may use your card to buy certain things and the purchase does not count at all towards the rewards program. the barclay card did well because you got maximum value of your spending. >> pnc bankard o bank card was the worst. why? >> when they compared the cards together someone who spent x-dollars got less rewards on the pnc card on the barclay card, yet they spent the same amount of money. that's the devil in the details. people pay zero attention to.

rewards card. i'll earn 1 dollar of cashback for every x amount of dollars i spend. it does not work there. >> $4 billion on the table in unused rewards. we get excited but we never pay attention to them ever again. you have good advice on how to choose the right card for you. you say the devil is in the details. >> yeah, that statistic is truly maddening. $4 billion is money people are foregoing. the rewards programs, the interest rates on those types of cards are slightly higher than their non-reward cousins. you shouldn't focus on that. if you're focusing on the interest rate you're resigning yourself into carrying the balance. use the rewards card where the rewards actually speak to you. they're meaningful to you. if you spend a lot of time in a marriott, don't get a car that gives you hilton points. if you fly american don't get delta points. a lot of people use

those points unused. the rewards have little meaning to them. pick a card where the rewards will actually benefit you financially and then rock 'n' roll with it. >> rock 'n' roll with it. i like that. john, thank you for coming on the show. appreciate your time. >> thanks for having me, gerri. >> now, we want to hear from you. apple reporting monster earnings today. are you addicted to tech products? here's what you're tweeting me about our poll question. my name is sean, and i'm an apple addict. i think that's funny. harrison posted, not me laughing out loud gerri. i have no use for apple since they abandoned their loyal apple two owners when they brought out their first mac. that's holding a grudge, ronald f. be sure to like fox business on facebook. here's some of your emails on a host of recent topics. jeffries from california b about espn's

britt mchenry. she was crossing the line. they have a condescending arrogant disdainful view of the people whose vehicles they're impounding. they don't bother defending their actions in thatunless you retain legal counsel. everyone is talking about where the money is coming from with hillary, where is the money going? good question. we love hearing from you. go to gerriwillis.com to send me an email. are you addicted to apple? our question of the day. ♪

>> we reported apple earnings and we asked are you addicted to apple products? 7% of you said yes. 93% said no. that is the fox audience right there. be sure to log on to gerriwillis.com for our online question every weekday. fun with hillary's

charitable foundation. her organization had no problem getting tax exempt status. right? the organization on the right, the tea party groups run by real americans those were the ones that had problems getting tax exempt statuses. the real world isn't always fair. that's my "2 cents more." before we go, we want to bring you the latest on the looting and baltimore violence. among a sea of protests. rioters are hurling rocks and bricks injuring several officers. some seriously. a cnn reporter was attacked and injured. all residents and children indoors. the rioting comes after the funeral of freddie gray a black man who suffered a fatal spinal injury while in police custody earlier this month. those are the pictures. and we will continue to follow this all evening long. that's it for tonight's willis report. thanks for joining us. "making money" with

charles payne is coming up next. have a great night. we'll see you right back here tomorrow. ♪ ♪ charles: breaking news protesters hurl rocks and bricks at baltimore police. as police try to disperse protesters as they block traffic around malls. several officers have been injured. after freddie gray's funeral. he died while in police custody. want you to take a look. this is live video. obviously major, major concerns. this could boil over as night falls. ♪ charles: joining me now, scottie nell hughes. also joining us from baltimore, police detective rod wheeler.