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Banking Articles | Page 4

From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.

Recent Articles

May 7, 2024 | By Christy Bieber

3 Reasons to Buy a CD in May

May is an ideal time to buy a CD, for a few key reasons. Read on to learn more about why you may want to take action now.
May 6, 2024 | By Chris Neiger

Here's What Happens When a Young Investor Starts a CD

CDs are a popular investment option. Read on to see four things you should know about CDs before jumping in.
May 6, 2024 | By Kailey Hagen

Why I Like Savings Accounts More Than CDs, Even Though CD Rates Are Over 5%

CDs can help you lock in high interest rates, but they have their drawbacks, too. See why I prefer to keep my cash in a savings account.
May 6, 2024 | By Kailey Hagen

U.S. Bank Is Offering New Customers Up to $700 Until June 27. Should You Go for It?

U.S. Bank is offering an impressive sign-up bonus, but there's more to consider before opening accounts here. Here's what you need to know.
May 6, 2024 | By Steven Porrello

3 Reasons You Shouldn't Open a High-Yield Savings Account, Even With Rates at 5.55%

The best high-yield savings accounts have mind-boggling APYs. But here are three reasons you might want to avoid them in 2024.
May 6, 2024 | By Ben Gran

Why You Shouldn't Be in Any Big Rush to Open a CD

Want to open a CD in 2024? Based on the Fed's latest interest rate moves, here's why there's no need to hurry.
May 6, 2024 | By Steven Porrello

This Is How Much Money You Can Make With $20K in a 5-Year CD

CDs are risk-free investments with generous interest rates. Find out how much you can earn over five years with $20,000 invested.
May 5, 2024 | By Christy Bieber

Suze Orman Thinks Retirees Should Invest in CDs. Should You Listen to Her?

CD rates are up and let you lock in a rate for the duration of the account's term. Learn why CDs can be a good option for retirees.
May 5, 2024 | By Ben Gran

Top 8 Ways You Could Be Missing Out on Free Money

Do you ever get the nagging suspicion that you could be earning more money for free? Keep reading to see how to get that money back.
May 5, 2024 | By Steven Porrello

​​Don't Make These 3 Common Expensive Mistakes With Your CDs

CDs are FDIC-insured and relatively risk free. But if you make any of these three errors, you could be missing out on bigger returns. Read on for more.
May 5, 2024 | By Kailey Hagen

If a Savings Account Doesn't Have These 5 Features, It's Not Worth Your Time

There are thousands of savings accounts out there. Focus on these five criteria to find the best one for you.
May 5, 2024 | By Maurie Backman

The 3 Best Places for Retirees to Keep Their Savings

As a retiree, it's a good idea to spread your money across different assets. Here are some options to explore.
May 5, 2024 | By Matt Frankel, CFP®

3 Unique CDs That Could Be Great Investments in 2024

These aren't your ordinary CDs. But they make good financial sense for a lot of savers. Read on to learn why.
May 5, 2024 | By Ben Gran

5 Ways Your Life Gets Better When You Open a High-Yield Savings Account

Have you been delaying or procrastinating about opening a high-yield savings account? It's not too late to make your life better. See how.
May 4, 2024 | By Chris Neiger

How To Start Your First CD: A Young Investor's Guide

CDs can be a good investment option. Read on to find out what you need to know before you open one up.
May 4, 2024 | By Steven Porrello

3 Reasons I Opened a SoFi Bank Account in April

The SoFi Checking and Savings account is free and has a decent APY. Find out why this writer decided to switch to SoFi in April.
May 4, 2024 | By Christy Bieber

Here's Why It Doesn't Always Pay to Buy a CD With the Absolute Highest Rate

When you're choosing a CD, you need to consider the rate -- but that's not all. Learn more here.
May 4, 2024 | By Emma Newbery

This Checking Account Pays a Welcome Bonus of Up to $600. Is It Worth It?

The Associated Bank is offering welcome bonuses of $300 to $600 to new customers. Find out how to decide if a sign-up bonus is a good deal.
May 4, 2024 | By Cole Tretheway

Here's What Happens When You Open and Immediately Close a Bank Account

You could lose bonuses and pay fees when you open and immediately close a bank account. Find out what happens next.
May 4, 2024 | By Lyle Daly

These 5 Savings Accounts Pay Higher Rates Than Most CDs

CDs aren't the only way to get a big return on your money. Take a look at five high-yield savings accounts that could earn you even more.
May 4, 2024 | By Kailey Hagen

3 Little-Known Perks of High-Yield Savings Accounts

The interest rate is important when choosing a savings account, but it's not the only factor. Here are three other benefits you may want to watch for.
May 4, 2024 | By Christy Bieber

Dave Ramsey Says CDs Are Just Glorified Savings Accounts. Here's Why He's Wrong

Dave Ramsey is wrong about CDs because they have plenty of benefits savings accounts don't offer. Find out why the financial guru is misguided.
May 3, 2024 | By Maurie Backman

If You Built Your Emergency Fund Years Ago, It May Need a Serious Refresh. Here's Why

You need your emergency fund to cover a period of unemployment. Read on to see why you may need to increase your savings.
May 3, 2024 | By Maurie Backman

I Bonds Now Pay 4.28% -- but You're Better Off Investing in CDs

I bonds offer a decent rate of return, given that they're virtually risk-free. But read on to see why a CD may be a better bet right now.
May 3, 2024 | By Christy Bieber

Does Your CD Offer This Feature That Maximizes Your Returns?

If your CD doesn't offer daily compounding, you're missing out on a chance to earn more money. Find out why this feature matters.