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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

May 18, 2024 | By Ashley Maready

3 Better Places for Your Money Than CDs

Despite the buzz that CDs have right now, they're not the right fit for everyone's money. Read on for three other options to grow your cash.
May 18, 2024 | By Ben Gran

How to Overcome These 5 Bogus Fears and Open a 5.00% APY Savings Account

So you're thinking about opening a 5.00% APY savings account -- but you have some worries. See how to overcome the fears, and get the "free money."
May 18, 2024 | By Steven Porrello

How to Make $1,000 a Year With CDs

Today's great CD rates make it easier to earn $1,000 annually on these lucrative bank products. Find out how to earn $1,000 with CD investments.
May 18, 2024 | By Steven Porrello

Here's What Happens When You Put $50,000 in a 5-Year CD

Got $50,000 in savings? Learn how much you could earn by putting it in one of the best 5-year CDs.
May 18, 2024 | By Maurie Backman

How Much of an Emergency Fund Do You Need if You're Buying a House?

It's important to have ample cash reserves as a new homeowner. But how much is enough? Read on to find out.
May 18, 2024 | By Maurie Backman

Could CD Rates Rise Again in 2024?

It's unlikely that CD rates will go up from where they are today. Read on to see why.
May 17, 2024 | By Chris Neiger

Stock Market vs. 5% CD: How Much $5,000 Grew Over the Past 2 Years

The stock market trounced CDs in recent years. Read on to find out the best place to put your money and when.
May 17, 2024 | By Steven Porrello

Can You Ever Have Too Many Bank Accounts?

Having multiple bank accounts has advantages, like increased FDIC insurance coverage, but also comes with risks. Learn how to open multiple accounts wisely.
May 17, 2024 | By Ashley Maready

This Is How Much Money You Could Make With $5K in a High-Yield Savings Account

There's never been a better time to have money in the bank. Keep reading to see how much interest you can earn if you choose the right account.
May 17, 2024 | By Emma Newbery

​​Every Expat Needs These 4 Bank Account Features

You don't need to pay foreign transaction fees every time you spend abroad. See how expat-friendly banks can save you money and time when you live in another country.
May 17, 2024 | By Ashley Maready

This Is the Only Reason I Would Ever Invest in CDs

CDs are hot, hot, hot right now -- but they're not the right savings vehicle for everyone. Learn why one writer has avoided them so far.
May 17, 2024 | By Chris Neiger

CD Rates Are Near 5%. Here's Why I'm Still Not Tempted to Open One

CDs pay impressive rates right now. Read on to find out why they're still not worth it for everyone.
May 17, 2024 | By Cole Tretheway

You Won't Get Rich by Investing in CDs. Should You Put Your Money Elsewhere?

The best CDs earn you half of what the stock market offers. Find out whether you should invest in the market instead.
May 17, 2024 | By Brittney Myers

I Only Have $500 to Invest. Is Opening a CD Worth It?

You don't need to be rich to put your money to work. See why a CD is still worth opening even if you don't have a lot to invest.
May 17, 2024 | By Ben Gran

More Americans Are Ditching Banks With Low Interest Rates. Should You?

Are you still putting up with 0.01% APY on your savings? See why Americans have recently moved $1.6 trillion into higher-yield accounts.
May 16, 2024 | By Ben Gran

Top 3 Places to Put Your Money Instead of a 0.01% APY Bank Account

Tired of making money for your bank? See how to make money for yourself with a 5.00% APY (or higher) savings account, money market account, or CD.
May 16, 2024 | By Maurie Backman

I Have a $20,000 Emergency Fund. Am I All Set?

You'd think you'd be all set with $20,000 in emergency savings. But read on to see why in some cases, you may be wrong.
May 16, 2024 | By Christy Bieber

Investing in These 3 CDs Could Give You an Extra $129 By 2025

There are many 12-month CDs offering great rates right now. Check them out to see how much you could earn if you invest.
May 16, 2024 | By Steven Porrello

3 Reasons to Stay Away From CDs, Even With Rates at 5.60%

Certificates of deposit might be a lucrative investment, but they're not right for everyone. Keep reading to learn when a CD is the wrong money move for you.
May 16, 2024 | By Maurie Backman

Will CDs Still Make Sense in 2025?

Now's a great time to put money into CDs. Will that be the case next year? Read on to find out.
May 16, 2024 | By Maurie Backman

How Much Income Can Retirees Make From CDs?

CDs could put a lot of extra income in your pocket these days. Read on to learn more.
May 15, 2024 | By Ben Gran

Why Most Checking Account Bonuses Are a Better Deal Than Savings Account Bonuses

Want to open a new checking account? See why it can be worth pursuing checking bonuses over savings account bonuses.
May 15, 2024 | By Matt Frankel, CFP®

Here's the Single Best CD Investing Strategy for Retirees

CDs can create a great combination of maximum interest and predictable income. Here's how to make them work for you.
May 15, 2024 | By Ben Gran

Don't Open a 3-Year CD Until You Check Out This New Investment

Are you thinking about a 3-year CD? Before you commit your cash, consider Save Market+, a three-year investment program with the possibility of over 9% returns.
May 15, 2024 | By Maurie Backman

Don't Fall Into This Sneaky CD Trap

CDs are a great way to grow your money. But read on to see why opening a CD might also backfire on you.