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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 29, 2024 | By Maurie Backman

Opening Your First CD? 3 Pitfalls to Avoid

CDs are appealing to a lot of people right now. Read on to learn about some traps you should avoid when opening one.
June 29, 2024 | By Lyle Daly

Is $100,000 Too Much to Have in Your Savings Account?

Most Americans don't have anywhere near $100,000 in savings. Find out if this is too much to keep in your savings account and what else you can do with it.
June 29, 2024 | By Chris Neiger

Kiss 5% Savings Account Rates Goodbye When the Fed Cuts Rates

Lower savings rates are likely on the horizon. Read on to find out what you should do with your money once rates fall.
June 28, 2024 | By Steven Porrello

This Bank Account Offers a $300 Bonus and a 4.60% APY. Should You Sign Up?

Don't let this lucrative bank account offer expire. Learn why the SoFi Checking and Savings account is worth opening today.
June 28, 2024 | By Ben Gran

Why I Wouldn't Open a 6-Month CD -- Even With Rates at 5%

Want to know if a 6-month CD is a good deal? Here are a few possible downsides -- and why the best savings accounts could be better.
June 28, 2024 | By Kailey Hagen

These Popular Savings Accounts Could Cost You Hundreds of Dollars per Year

If you want your savings to grow as quickly as possible, you need the right savings account. Here's one type you should avoid.
June 28, 2024 | By Steven Porrello

5 Smart Ways to Invest $1,000 Right Now

In this high-rate environment, you have plenty of great opportunities to invest $1,000. Read on to learn the top five ways.
June 28, 2024 | By Chris Neiger

Kiss 5% CD Rates Goodbye When the Fed Cuts Rates at the End of 2024

CD rates could fall soon. Read on to find out how to get the maximum CD rate now.
June 28, 2024 | By Ben Gran

Your Money Deserves Better Than Trillion-Dollar Banks Paying 0.01% APY

Don't settle for 0.01% APY from a big bank savings account. See how the best savings accounts can supercharge your yields with 5.00% APY (or more).
June 27, 2024 | By Emma Newbery

Act Now to Get This Checking Account Welcome Bonus of up to $500

The Axos Bank Rewards Checking Account is paying up to $500 to qualifying new customers. Find out how to earn the bonus and decide whether it's right for you.
June 27, 2024 | By Maurie Backman

Here's Why Your Next CD Might Result in a Huge Tax Headache

Opening a CD? Before you get excited about the interest you'll earn, recognize that you don't get to keep it all. Here's what you should know.
June 27, 2024 | By Maurie Backman

Saving for Retirement With CDs? It Could Cost You $328,000

CDs might seem like a nice, safe bet for retirement. Read on to see why you might sorely regret using them to build a nest egg.
June 27, 2024 | By Maurie Backman

Here's the Best Strategy for Buying CDs Now

Believe it or not, your best move when buying CDs right now isn't to chase the highest rate. Read on to learn more.
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.