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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

June 26, 2024 | By Steven Porrello

Have a Chase Savings Account? You Might Be Missing Out on $400-Plus per Year

Rate-wise, Chase savings accounts pale in comparison to today's high APYs. Find out what you could be missing here.
June 26, 2024 | By Maurie Backman

Will CD Rates Stay High Into 2025? Here's What We Know so Far

CD rates are strong right now. Will that be the case next year? Read on to find out.
June 25, 2024 | By Christy Bieber

This Is the Single Best Strategy for Investing in CDs

If you're interested in investing in CDs, it may be worth trying out a CD ladder. Here's the perks and how to build your own.
June 25, 2024 | By Ben Gran

Why Now Is Still a Good Time for 5% Savings Accounts -- Even if the Fed Cuts Rates

Should you open a CD before the Fed cuts interest rates? See why the best savings accounts can still be a better move.
June 24, 2024 | By Maurie Backman

These Are the 3 Best Reasons to Open a CD in June 2024

It's a smart idea to open a CD before the month ends. Read on to see why.
June 24, 2024 | By Ashley Maready

Why I Wouldn't Open a 3-Month CD -- Even With Rates at 5%

I could earn a guaranteed 5% on money in a short-term CD right now. Read on to learn why I've decided against it, though.
June 24, 2024 | By Steven Porrello

CD Rate Hike Alert: 5 Top-Paying CDs for July

Just when you thought CD rates were dropping, some banks have hiked their rates. Check out five of the top-paying CDs for the upcoming month of July.
June 24, 2024 | By Kailey Hagen

These 8 Banks Will Pay New Members a Bonus of $300 or More

Bank account bonuses can pay new customers hundreds or even thousands of dollars. Here are some of the best bonuses available now.
June 24, 2024 | By Steven Porrello

The 6% CD Is Finally Back. Here's How to Get This Market-Leading Rate

The best CD rate on the market today comes from Nuvision Credit Union. Find out how to snag this lucrative offer before it disappears.
June 24, 2024 | By Kristi Waterworth

High-Yield Savings vs. Stocks: Where Should You Put Your Money Now?

Should you choose a savings account or stocks for your liquid funds? Let's talk about what it means to ask that question.
June 24, 2024 | By Christy Bieber

One Big Reason to Buy a 5-Year CD Today

A 5-year CD doesn't pay as much as a short-term CD or even some high-yield savings accounts. Check out why it's still worth considering.
June 23, 2024 | By Kristi Waterworth

CDs vs. Stocks: What Should You Invest in Now?

When you're looking to invest, the returns stocks can offer can be appealing, but so can the steady nature of CDs. Which is best right now? Find out here.
June 23, 2024 | By Ashley Maready

Should You Open a New Bank Account Just for the Bonus?

Free cash for opening a new bank account can sweeten the deal. But see why you should consider more than just that bonus.
June 23, 2024 | By Maurie Backman

The Weird Reason a 72-Month CD Could Be Right for You

A 72-month CD is a longer commitment, and you won't get the best rate today. Read on to see why this CD term might still make sense for you.
June 23, 2024 | By Christy Bieber

3 Reasons I'm Not Touching CDs -- Even With Rates Above 5.00%

While CD rates are competitive right now, I'm opting for simpler investments or those that can earn better returns. See why you may want to do the same.
June 22, 2024 | By Maurie Backman

Here's What Happened When My Checking Account Balance Accidentally Dipped Below $0

Overdrawing a checking account is bad news. Read on to see what happened when I made that mistake.
June 22, 2024 | By Maurie Backman

I'm Opening Multiple CDs. Should I Stick to the Same Bank?

It's a good idea to open multiple CDs at a time. Read on to see if you should limit yourself to one bank.
June 22, 2024 | By Maurie Backman

3 Accounts You Should Choose Over a CD -- Even With Rates Being Above 5% Today

CD rates are very competitive right now. But that doesn't mean a CD is your best choice. Read on for other account options to consider.
June 21, 2024 | By Steven Porrello

Have an Online-Only Bank Account? This Hack Lets You Deposit Cash for Free

Depositing cash in your online-only bank account can be a hassle, not to mention costly. Learn how to start depositing cash for free today.
June 21, 2024 | By Matt Frankel, CFP®

Here Are the Latest Interest Rate Predictions for 2024 -- And What They Mean for Your Bank Accounts

Nobody knows for sure where interest rates will head next. But here's what the policymakers and stock market are telling us.
June 21, 2024 | By Steven Porrello

Yes, Banks Can Take Money From Your Account Without Your Permission. Here's How It Happens

Banks can take money from your checking account, savings account, and CDs under one condition. Read on to discover how it's done and how you can prevent it.
June 21, 2024 | By Maurie Backman

3 Reasons to Absolutely Steer Clear of CDs -- Even With Rates at 5%

CD rates are very appealing these days. But read on to see why a CD could be a poor choice for you.
June 21, 2024 | By Christy Bieber

Buying CDs Makes No Sense for Most People, Even at Rates Above 5.00%

CDs are a great investment only in select circumstances. Read on to learn why most people are better off with savings accounts or a brokerage account.
June 21, 2024 | By Christy Bieber

Read This Before Depositing or Withdrawing $10K From Your Bank Account

Banks must make a report if you withdraw or deposit more than $10,000 from your bank account. Here's what you need to know about this rule.
June 20, 2024 | By Ben Gran

Earn 4.25% APY: Why This U.S. Bank Money Market Account Beats Wells Fargo's Bonus

Which is better for your savings -- a $525 Wells Fargo bonus, or a U.S. Bank Elite Money Market Account? Let's crunch the numbers.