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Banking Articles | Page 2

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 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.
May 3, 2024 | By Lyle Daly

The 4 Safest Places for Retirees to Put Their Money

When you're retired, your savings needs to last you the rest of your life. Learn about the safest places you can put your money to make that happen.
May 3, 2024 | By Christy Bieber

This CD Is Paying 9.50% Right Now. Here's Who Can Get One

While most CDs offer rates around 5.00%, there's one CD on offer right now paying a much higher rate. Here's what you'd need to do to get that rate.
May 3, 2024 | By Lyle Daly

Should You Move Your Emergency Fund Into a CD Before Rates Drop?

CD rates are high right now, but this won't last forever. Find out if you should lock in a high rate for your emergency fund by putting it into a CD.
May 2, 2024 | By Christy Bieber

CD Rates Are Near Record Highs. 3 Reasons You Still May Not Want to Buy One

You can open a CD paying well above 5.00% right now. Keep reading to learn why a CD might not be right for you.
May 2, 2024 | By Natasha Etzel

Here's Why I Wouldn't Keep My Emergency Fund in a CD

It pays to choose the right bank account for your savings. Discover why you may want to put your emergency fund in a high-yield savings account instead of a CD.
May 2, 2024 | By Ashley Maready

5 Factors to Weigh When Choosing Your First CD

CDs are red hot right now. Here's how to choose between multiple options from multiple banks.
May 2, 2024 | By Christy Bieber

2 Reasons Buying a CD May Make More Sense Than Paying Extra on Your Home Loan

If you're paying extra on your mortgage, or thinking about doing so, CDs might be worth considering instead. Read on to learn why.
May 2, 2024 | By Kailey Hagen

3 Checking Account Features That Are Overrated and 3 That Really Matter

Some checking account features are worth your time, and others are just gimmicks. Learn how to tell which is which.
May 2, 2024 | By Maurie Backman

The Fed's Latest Decision on Interest Rates Is Great News for Savers. Here's Why

The Fed just voted to keep interest rates steady. Read on to see why that might benefit you.
May 2, 2024 | By Steven Porrello

The Single Best Strategy for Maximizing CD Profits in May 2024

CDs continue to pay out at generous rates in May 2024. Find out how to make CDs work even harder for you this month.
May 1, 2024 | By Christy Bieber

A CD Ladder Could Be a Perfect Investment for Retirees. Here's Why

A CD ladder is a great place to keep money you don't want in the market. Find out why it's ideal for retirees who need generous returns, but accessible cash.
May 1, 2024 | By Maurie Backman

Why You Should Lock in a CD ASAP After the Fed's Latest Decision

The Fed just made an announcement on interest rates. Read on to see why it should prompt you to open a CD.