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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

July 18, 2024 | By Matt Frankel, CFP®

Savings Interest Rates Could Fall in 2024. Should You Move Your Money to CDs?

Interest rates are widely expected to fall this year. Find out what that means for your deposit accounts.
July 18, 2024 | By Christy Bieber

3 Facts About CDs You're Probably Wrong About

Many people get the facts wrong about certificates of deposit. Read on for three myths and misconceptions about CDs.
July 18, 2024 | By Christy Bieber

Don't Let CD Rates Above 5% Fool You Into Thinking They're a Good Investment

CD rates are very high right now, but that doesn't mean that you should be putting your money into them. Find out why CDs may not be a good deal.
July 18, 2024 | By Devon Delfino

3 Reasons You Should Invest in a CD Right Now

Given the current offerings, CDs represent an appealing opportunity to maximize your cash. Read on to learn three reasons to consider investing in one right now.
July 17, 2024 | By Christy Bieber

CD Rates Above 5.00% Are Bad News for Investors. Here's Why

CD rates above 5.00% mean inflation is high, so you have less money to invest and your real returns aren't that great. Learn more here.
July 17, 2024 | By Ashley Maready

Choosing a New Bank? Never Overlook These Features of the Safest Banks

Keeping your money secure should be a top priority when you're picking a bank. Read on for the most crucial benefits to look for.
July 17, 2024 | By Ashley Maready

How Much Will $5,000 Make You in a High-Yield Savings Account?

$5,000 is a solid chunk of savings -- and you deserve to earn as much interest as possible on it. Read on to see how.
July 16, 2024 | By Christy Bieber

3 Reasons to Say No to CDs, Even With Rates as High as 5.15%

CD rates are high right now. Read on for a few reasons not to invest in CDs and what you should do with your money instead.
July 15, 2024 | By Kailey Hagen

This Is How Much Money You Can Make With $10,000 in a High-Yield Savings Account

$10,000 is a lot of money already, but the right savings account could turn it into a lot more. Here's what you need to know.
July 15, 2024 | By Devon Delfino

The 4 Bank Accounts You Absolutely Need for Your Freelance Career

Freelancers' finances have different requirements than traditional workers. Read on to learn which bank accounts freelancers need to succeed.
July 15, 2024 | By Lyle Daly

How Much Should You Put Into Your Savings Account? Here's One Way to Decide

People often struggle with deciding how much to keep in a savings account. Check out one easy method you can follow to figure out the right amount.
July 14, 2024 | By Kristi Waterworth

You Can Grow Your Kid's College Fund This Year With This One Simple Trick

Looking to grow your kid's college fund without doing anything risky or involved? Well, we've got the answer for you. Read on for the details.
July 14, 2024 | By Ben Gran

Should You Keep Your Home Down Payment in a CD?

The best CDs might offer tempting APYs for your home down payment -- but home-buyer beware. See why CDs might cost you more than they're worth.
July 13, 2024 | By Devon Delfino

2 Times a Regular Savings Account Might Be a Better Option Than a HYSA -- Despite the Low APY

Depending on your circumstances, you may not qualify for a HYSA. Learn more about when a traditional savings account may be a better option.
July 13, 2024 | By Ben Gran

Why You Shouldn't Feel FOMO About Opening a CD at 5% APY

If the Fed cuts interest rates soon, should you open a CD right now? See why staying the course with the best savings accounts could be a better choice.
July 13, 2024 | By Devon Delfino

Got a CD Maturing Soon? Here Are 3 Things You Should Know

You have three options for handling a mature CD: Do nothing, shop around for another CD, or take the money. Read on to learn when to use each option.
July 12, 2024 | By Kailey Hagen

You Only Have a Few Weeks Left to Claim This Bank Account Bonus Worth up to $500

A bank account bonus can be a great incentive to switch to a new bank. Here's one valuable offer that's expiring soon.
July 12, 2024 | By Kailey Hagen

Axos Bank Is Paying New Checking Account Customers up to $500 Until July 31. Here's How to Claim Your Bonus

The Axos Rewards Checking account is offering a lucrative bonus to new checking account customers. Here's how to get it.
July 12, 2024 | By Steven Porrello

5 Outrageously Simple Ways to Make an Extra $650 Before the End of the Year

Want to boost your savings by $650? These five tips can put that much (and more) in your pocket before the end of the year.
July 12, 2024 | By Matt Frankel, CFP®

Should You Keep Your Retirement Savings in a CD?

A CD can be a smart retirement investment in some cases. Here's what to keep in mind.
July 12, 2024 | By Lyle Daly

This Is How Much Money You Can Make With $3,000 in a CD Ladder

A CD ladder is a strategy to earn a competitive interest rate on your savings. Discover how much you could make if you invested $3,000 this way.
July 11, 2024 | By Emma Newbery

This Savings Account Pays Over 6% APY. Is It Too Good to Be True?

Some super savings accounts promise super high APYs on your first $1,000. Find out why that only makes sense for some savers.
July 11, 2024 | By Dana George

Have $700,000 to Spend in Retirement? Here's What You Can Budget per Year

While $700,000 in retirement may seem like a small fortune, it can only take you so far. Here's how much you can expect to spend each year.
July 10, 2024 | By Ashley Maready

How Much Money Is Too Much for a Savings Account?

A savings account can do you a world of good -- but it's not the perfect spot for all your money. Learn when to consider other financial accounts, too.