Banking Articles

A person sitting at an office desk and looking at a cell phone with a contemplative expression.

Oct. 7, 2024 | By Steven Porrello

Are 5-Year CDs Still Worth Buying With Rates Down to 3.40%?

CD rates are dropping like flies. Learn when it's worth getting a long-term CD and when you're better off with other investments.

A stack of coins against a yellow background

Oct. 7, 2024 | By Kailey Hagen

Prediction: Savings Account APYs Will Fall Further in November or December

Federal Reserve rate cuts are already dropping savings account rates, and more cuts are on the way. Take a closer look at how you can prepare.

Oct. 7, 2024 | By Kailey Hagen

Keeping Lots of Money in Your Checking Account? Here Are 3 Better Places for Your Cash

Checking accounts have their place, but they're not meant for all your cash. Here are three better places to keep your money now.

Young man pausing from using his laptop to look at a calendar.

Oct. 6, 2024 | By Kristi Waterworth

CDs vs. Treasury Bonds: Which Is the Better Place for Your Savings Right Now?

Looking for the best place to put your long-term savings right now? CDs and Treasury bonds are both good options. Find out how to decide inside.

A pot of change with a plant growing out of it

Oct. 6, 2024 | By Kailey Hagen

3 Great CDs to Check Out in October 2024

CD rates are expected to fall soon, but great offers still exist. Read on for some of the best CDs you can find right now.

A class pot filled with coins and a sprout growing

Oct. 6, 2024 | By Natasha Etzel

3 Reasons to Open a High-Yield Savings Account in October

Have you been thinking about opening a high-yield savings account? Don't delay. Find out why you may want to open an HYSA during October.

A pile of money with a seedling growing out of it

Oct. 5, 2024 | By Danielle Antosz

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

You'll earn around $800 per year in interest if you put $20,000 in a HYSA today. But there might be better options. Keep reading to learn more.

A red piggy bank against a yellow background

Oct. 5, 2024 | By Cole Tretheway

Is $10,000 Too Much to Keep in a Savings Account?

How much savings is too much? Find out when to keep $10,000 in a savings account vs. putting it somewhere else.

A calculator, pad, and pen against a yellow background

Oct. 4, 2024 | By Dana George

Made Money on CDs in 2024? Here's How Much You'll Owe the IRS

In recent months, CDs have paid record-high APYs. If you cashed in on these high rates, here's how much you'll need to pay Uncle Sam.

A pregnant person sitting on their couch and looking at their phone.

Oct. 4, 2024 | By Ashley Maready

3 Signs You're Using a Safe Bank

Does your bank make keeping your money secure a top priority? Read on for a few ways to tell you've found a safe bank.

Oct. 1, 2024 | By Kailey Hagen

A Fed Rate Cut Is Likely Coming Next Month. Here's What It Means for Your CDs

Several Fed rate cuts are on the way in the coming months. Here's how that will affect new and existing CD rates.

Oct. 1, 2024 | By Kailey Hagen

The Fed Just Issued a 0.50% Rate Cut. Here's What That Means for Your Savings Account

The Fed rate cut will have ripple effects across a variety of financial products. Learn how it'll impact your savings account.

A smiling man drinking juice and looking at his phone while sitting at the breakfast table in front of a bowl of cereal.

Sept. 30, 2024 | By Kailey Hagen

The Fed Rate Cut Will Hurt Your Savings Account Rates, but It Comes With a Huge Upside

Savings account rates will fall further, but there are benefits on the way too. Here's what you need to know about the changes coming to your bank.

A person standing at a picnic table in a park and putting a coin in a piggy bank.

Sept. 30, 2024 | By Emma Newbery

3 Things Not to Do When Your Savings Reaches $50,000

If you keep too much in savings, you could be missing out on tax breaks and investment opportunities. Discover how to avoid losing money through over-saving.

Sept. 30, 2024 | By Matt Frankel, CFP®

Missed Out on 5% CD Rates? Here's Why It Doesn't Matter

CD rates may have peaked, but if you're looking to lock in a high interest rate, it isn't too late. Find out more here.

Sept. 29, 2024 | By Emma Newbery

Massive Rate Cut Could Mean $40 Less in Savings Interest Next Year. Does It Matter?

Savers won't be able to ride the high-interest wave forever. Find out what falling rates mean for your savings and how you can still maximize your earnings.

Sept. 29, 2024 | By Kailey Hagen

The Days of the 5.00% APY CD Are Over: 3 Places to Put Your Money Now

Banks have already slashed CD rates, and further cuts are coming. Read on for a few better account options.

Sept. 28, 2024 | By Kailey Hagen

Even With Interest Rates Dropping, High-Yield Savings Accounts Still Hold This Major Edge Over the Top CDs

Savings account rates are already dropping with more Fed cuts expected. But here's why it's worth leaving your money alone anyway.

Sept. 28, 2024 | By Steven Porrello

Forget the Fed: These 5 CDs Still Look Great After Recent Rate Cuts

CD rates are dropping like flies, but some are still hanging in there. Here are five CDs with high APYs.

Sept. 28, 2024 | By Natasha Etzel

4 Money-Savings Moves I Wish I Had Made in My 20s

Are you looking for tips to save more money? Making small changes can help. Here are some savings strategies I wish I made earlier.

A bank manager helps a woman open up a new account.

Sept. 27, 2024 | By Ashley Maready

4 Signs It's Time to Switch Your Bank

Sometimes, you just have to say goodbye -- to your bank. Here are a few ways to tell you need a new financial institution.

Mature man at desk looking off in thought.

Sept. 27, 2024 | By Matt Frankel, CFP®

Should You Open a CD Before the Fed Cuts Rates Again?

The Fed is widely expected to keep cutting rates. Find out how it could impact CDs.

A smiling person lying on a bed while searching on a laptop.