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Banking Articles

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 19, 2024 | By Steven Porrello

3 Reasons I'm Not Touching 12-Month CDs, Even With Rates at 5.25%

12-month CD rates are at a two-decade high. Find out why this writer is avoiding 12-month CDs for the near future.
May 19, 2024 | By Lyle Daly

This Is How Much Money You Can Make With $5,000 in a CD Ladder

A CD ladder is a popular strategy to take advantage of high CD rates. Check out how it works and see the amount you could earn if you invested $5,000 this way.
May 19, 2024 | By Chris Neiger

CDs vs. Mutual Funds: What's the Better Investment Now?

Both options offer investors decent returns. Learn how to choose the right one for your needs.
May 19, 2024 | By Ben Gran

Why This $400 Checking Account Bonus Is a Great Deal

Huntington Bank offers $400 if you qualify for a new Perks Checking account by June 22, 2024. Learn why it's worth a look if you need a new account.
May 19, 2024 | By Robin Hartill, CFP

With Rates at 5.15%, Should You Put CDs in Your Roth IRA?

High CD yields could mean a higher tax bill. Find out whether the potential tax savings makes a Roth IRA the right place for holding CDs.
May 19, 2024 | By Chris Neiger

Ranked: The Top 5 Reasons to Invest in CDs

CDs can be a good investment choice. Read on to learn the most popular reasons investors choose them.
May 18, 2024 | By Chris Neiger

CD Rates Are Over 5% -- and I Still Think They're a Waste of Money

Many investors are interested in CDs right now. Read on to find out why other options might be better.
May 18, 2024 | By Ashley Maready

3 Better Places for Your Money Than CDs

Despite the buzz that CDs have right now, they're not the right fit for everyone's money. Read on for three other options to grow your cash.
May 18, 2024 | By Ben Gran

How to Overcome These 5 Bogus Fears and Open a 5.00% APY Savings Account

So you're thinking about opening a 5.00% APY savings account -- but you have some worries. See how to overcome the fears, and get the "free money."
May 18, 2024 | By Steven Porrello

How to Make $1,000 a Year With CDs

Today's great CD rates make it easier to earn $1,000 annually on these lucrative bank products. Find out how to earn $1,000 with CD investments.
May 18, 2024 | By Steven Porrello

Here's What Happens When You Put $50,000 in a 5-Year CD

Got $50,000 in savings? Learn how much you could earn by putting it in one of the best 5-year CDs.
May 18, 2024 | By Maurie Backman

How Much of an Emergency Fund Do You Need if You're Buying a House?

It's important to have ample cash reserves as a new homeowner. But how much is enough? Read on to find out.
May 18, 2024 | By Maurie Backman

Could CD Rates Rise Again in 2024?

It's unlikely that CD rates will go up from where they are today. Read on to see why.
May 17, 2024 | By Chris Neiger

Stock Market vs. 5% CD: How Much $5,000 Grew Over the Past 2 Years

The stock market trounced CDs in recent years. Read on to find out the best place to put your money and when.
May 17, 2024 | By Steven Porrello

Can You Ever Have Too Many Bank Accounts?

Having multiple bank accounts has advantages, like increased FDIC insurance coverage, but also comes with risks. Learn how to open multiple accounts wisely.
May 17, 2024 | By Ashley Maready

This Is How Much Money You Could Make With $5K in a High-Yield Savings Account

There's never been a better time to have money in the bank. Keep reading to see how much interest you can earn if you choose the right account.
May 17, 2024 | By Emma Newbery

​​Every Expat Needs These 4 Bank Account Features

You don't need to pay foreign transaction fees every time you spend abroad. See how expat-friendly banks can save you money and time when you live in another country.
May 17, 2024 | By Ashley Maready

This Is the Only Reason I Would Ever Invest in CDs

CDs are hot, hot, hot right now -- but they're not the right savings vehicle for everyone. Learn why one writer has avoided them so far.
May 17, 2024 | By Chris Neiger

CD Rates Are Near 5%. Here's Why I'm Still Not Tempted to Open One

CDs pay impressive rates right now. Read on to find out why they're still not worth it for everyone.
May 17, 2024 | By Cole Tretheway

You Won't Get Rich by Investing in CDs. Should You Put Your Money Elsewhere?

The best CDs earn you half of what the stock market offers. Find out whether you should invest in the market instead.
May 17, 2024 | By Brittney Myers

I Only Have $500 to Invest. Is Opening a CD Worth It?

You don't need to be rich to put your money to work. See why a CD is still worth opening even if you don't have a lot to invest.
May 17, 2024 | By Ben Gran

More Americans Are Ditching Banks With Low Interest Rates. Should You?

Are you still putting up with 0.01% APY on your savings? See why Americans have recently moved $1.6 trillion into higher-yield accounts.
May 16, 2024 | By Ben Gran

Top 3 Places to Put Your Money Instead of a 0.01% APY Bank Account

Tired of making money for your bank? See how to make money for yourself with a 5.00% APY (or higher) savings account, money market account, or CD.
May 16, 2024 | By Maurie Backman

I Have a $20,000 Emergency Fund. Am I All Set?

You'd think you'd be all set with $20,000 in emergency savings. But read on to see why in some cases, you may be wrong.
May 16, 2024 | By Christy Bieber

Investing in These 3 CDs Could Give You an Extra $129 By 2025

There are many 12-month CDs offering great rates right now. Check them out to see how much you could earn if you invest.