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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 13, 2024 | By Christy Bieber

5 Reasons Not to Buy CDs Despite Rates Above 5.00%

Certificates of deposit really aren't a great investment, even though they have high rates right now. Check out five reasons not to buy them.
June 13, 2024 | By Steven Porrello

3 Fantastic Reasons to Invest in a 100-Year CD

A 100-year CD might mature when you're no longer living, but that doesn't mean it's not a smart investment. Learn how 100-year CDs could help you and your family.
June 13, 2024 | By Maurie Backman

Want to Earn $1,000 a Year With CDs? Here's What It Takes

Earning $1,000 a year in a CD is possible. But keep reading for a more efficient way to grow your wealth.
June 12, 2024 | By Kailey Hagen

Forget Wells Fargo's $525 Savings Account Bonus. This Account Could Earn You $1,250 in a Year

Wells Fargo's savings account bonus isn't as appealing as it seems. See another account that could help you earn twice as much in a year.
June 12, 2024 | By Steven Porrello

This Is the Absolute Worst CD You Can Get in 2024

CDs aren't created equal. Find out which type of CD is paying high rates, but could result in lost interest.
June 12, 2024 | By Christy Bieber

Don't Open a CD Until You've Done These 3 Things

There are some important money moves to make before investing in CDs. Find out what tasks to check off your list first.
June 12, 2024 | By Christy Bieber

3 Reasons Opening a CD Beats Putting Money in Savings

Savings accounts give you easier access to your money, and most have no required opening deposit. But read on to see how a CD can be better.
June 12, 2024 | By Ashley Maready

Never Put Your Emergency Fund in This Bank Account

Got some cash put aside for unplanned expenses? See why you should resist the impulse to lock it up in a CD.
June 11, 2024 | By Ben Gran

Don't Waste Your Money In a U.S. Bank Savings Account. Here Are 9 Better Options

Do you have a U.S. Bank savings account that's only earning 0.01% APY? Check out a few better places to keep your savings.
June 11, 2024 | By Christy Bieber

2 Reasons You Could Regret Opening a CD

You might kick yourself for opening a CD in a few different scenarios. Keep reading to learn how you can avoid CD regrets.
June 11, 2024 | By Maurie Backman

Why Building an Emergency Fund Should Be Your Top Financial Goal This Year -- No Matter How Much Debt You Have

It's natural to want to eliminate debt. But read on to see why building your emergency fund should be your priority.
June 11, 2024 | By Christy Bieber

3 Ways to Maximize Your Earnings from CDs

By shopping around for the right CD, you can get the highest yields possible. Learn more here about this strategy and other ways to maximize CD earnings.
June 11, 2024 | By Christy Bieber

3 Reasons You May Regret Not Buying a CD Now

If you don't buy a CD, you could lose the chance to get today's great rates. Keep reading to learn how to avoid CD regrets.
June 10, 2024 | By Dana George

This Is How Much Money You Can Make With $20,000 in a High-Yield Savings Account

If you're looking for a great return, now's the time to consider a high-yield savings account. See how much you could earn by depositing $20,000.
June 10, 2024 | By Christy Bieber

You May Not See This CD Trend Again in Your Lifetime

There's currently a rare opportunity to buy short-term CDs at rates above what long-term CDs offer. Here's why you should take advantage of it.
June 10, 2024 | By Maurie Backman

This CD Mistake Could Cost You Up to $218

You may be inclined to chase the best CD rate you can find today. Read on to see why that might cost you.
June 10, 2024 | By Christy Bieber

3 Signs You're About to Open the Wrong CD

If you didn't shop around and compare rates, you could open the wrong CD. Find out about this and other signs you're about to make an investing error.
June 10, 2024 | By Maurie Backman

Retired? Don't Make This Huge CD Mistake

CDs can be a great place to put your money in retirement. But read on to avoid a mistake that could cost you big time.
June 10, 2024 | By Maurie Backman

Is It a Good Idea to Split Your Emergency Fund Between a Savings Account and CDs?

Like the idea of earning extra interest? You may be thinking of putting some of your emergency fund into a CD. Read on to see why that idea could backfire.
June 10, 2024 | By Christy Bieber

The Single Best Way to Make Money Investing in CDs in 2024

The best way to maximize CD earnings isn't to lock all your money up in a single CD. Keep reading to learn why a CD ladder is your best bet.
June 9, 2024 | By Maurie Backman

You Could Open a 12-Month CD at 5% Today. Here's What I'd Do Instead

A 12-month CD may not be your best bet today despite the higher rate. Read on to see why.
June 9, 2024 | By Maurie Backman

How to Grow a $1,000 Emergency Fund Into $5,000 in the Next Year

Want to grow your savings five times over in the course of a year? Here's how to get it done.
June 9, 2024 | By Emma Newbery

This CD Mistake Could Cost You Hundreds of Dollars

If you don't take action when your CD reaches the end of its term, it may automatically renew. Find out how this could eat into your CD earnings.
June 9, 2024 | By Emma Newbery

Are All CDs Protected by FDIC Insurance?

FDIC insurance applies to money in CDs as well as savings, checking, and other accounts. Find out about the few scenarios where your CD won't be covered.
June 9, 2024 | By Christy Bieber

CD Rates Above 5.00% May Disappear. Is It Time to Buy?

The number of CDs with rates above 5.00% is declining. Find out if now is a good time to buy CDs or if you should put off your purchase for a while.