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Banking Articles | Page 30

From get out of debt strategies to advice on improving your savings returns, we've got recommendations to help you make smarter banking decisions.

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Recent Articles

Mature woman working from laptop with documents in hand.
May 13, 2024 | By Emma Newbery

​​Can CDs Help You Save For Retirement?

Today's high CD rates could boost your savings. Find out whether you should include CDs in your retirement plan.
Mature women looking at her cell phone with a laptop in front of her.
May 12, 2024 | By Ashley Maready

3 Reasons for Retirees to Invest in CDs

CDs have great perks for retired folks. Keep reading to learn why they're worth considering if you're no longer working.
A calculator, pad, and pen against a yellow background
May 12, 2024 | By Brittney Myers

6-Month vs. 12-Month CD: Where to Put $1,000 Right Now

CDs can help your money grow, but you need to choose the right term length. This is how to figure out the right fit.
Man uses laptop while another person sits behind him on the couch.
May 12, 2024 | By Emma Newbery

3 Banking Habits of Millionaires

You don't need to get lucky with the lottery to become a millionaire. With time and careful spending, many of us can build wealth. Find out how these banking practices could help.
People on a bus, with several using their cell phones.
May 11, 2024 | By Steven Porrello

No Way Am I Opening This 12-Month CD, Even Though Its Rate Is 5.92%

This flex CD has a high interest rate, but read the fine print carefully. Learn why this writer isn't opening a 12-month CD with a 5.92% APY.
A red piggy bank against a yellow background
May 11, 2024 | By Brittney Myers

The Big Reason I Don't Have a CD Despite 5% APYs

CD rates are higher than they've been in years. Check out why one writer still doesn't have one.
An older man and woman sitting at their dining table and looking through paper bills with a laptop open in front of them.
May 11, 2024 | By Ashley Maready

Should You Have CDs in Your Retirement Portfolio?

CDs are getting a lot of buzz these days, and if retirement is looming, you might wonder if they're worth checking out. Find out here.
A red piggy bank against a yellow background
May 11, 2024 | By Lyle Daly

3 Perks of Opening a CD Now, Besides Getting a Rate Above 5%

CDs are known for their high interest rates, but that's not all they have to offer. Discover a few more valuable perks of putting your money in a CD.
An older couple laughing while riding a moped.
May 10, 2024 | By Ashley Maready

How Much Money Do Retirees Need in Their Savings Accounts?

Once you've exited the workforce, short-term financial planning becomes even more crucial. Read on to learn about how much cash you should keep.
A glass jar full of bills and coins
May 10, 2024 | By Kailey Hagen

Forget Checking Accounts That Pay Interest: Earn Up to $360 a Year by Putting Money Here Instead

Interest-bearing checking accounts may not provide the rewards you were hoping for. Here's an alternative worth considering.
A person sitting at a desk and filling out paperwork.
May 10, 2024 | By Dana George

4 Things I Did Wrong When I Purchased My First CD

CDs are a great way to stash money you're not currently using. But check out four ways things can go awry with a CD.
Woman using laptop and smartphone at home
May 9, 2024 | By Natasha Etzel

Savings Accounts Are Paying Up to 5%. So Why Bother With CDs?

Many banks offer attractive rates on their savings accounts, and savers can win big. Find out why you may still want to stash some of your extra cash in a CD.
A dollar bill against a pink background
May 9, 2024 | By Chris Neiger

Here's What Happens When You Take $1,000 Out of a CD 6 Months Early

Most CDs charge penalty fees on early withdrawals. Read on to find out how much it might cost you.
Bank teller assisting a customer with cash transaction.
May 9, 2024 | By Kailey Hagen

Is a Brick-and-Mortar Savings Account Ever Worth It?

Brick-and-mortar savings accounts usually don't have high interest rates, but there are a few exceptions. Here's how to know if one is right for you.
A glass jar full of bills and coins
May 8, 2024 | By Ashley Maready

Understanding the Downside of CDs for Young Investors

CDs are red-hot right now, but they're not the best fit for everyone. Learn why younger investors may struggle with CDs.
A red piggy bank against a yellow background
May 8, 2024 | By Kailey Hagen

CD Rates Are Already Falling. Is Now the Time to Lock in a 5% APY?

CD rates have been exceptionally high over the last year, but they're beginning to come down. Here's what to know if you're thinking about opening one.
A pile of money with a seedling growing out of it
May 8, 2024 | By Emma Newbery

CDs vs. Savings Accounts: Here's How to Decide

High interest rates have led many Americans to buy CDs in recent years. Find out how they differ from savings accounts and if they might make sense for you.
A stack of coins against a yellow background
May 7, 2024 | By Steven Porrello

Thinking About Getting a 6-Month CD? Pay Attention to This Detail

Today's best 6-month CDs have incredible rates. Before you start counting your plunder, make sure you avoid this common math mistake.
A class pot filled with coins and a sprout growing
May 7, 2024 | By Chris Neiger

5 Smart Money Moves to Make With $5,000 Right Now

There are many ways $5,000 can improve your finances. Read on to find out some of the best places to put it right now.
A wallet with a fan of five bills coming out of it
May 7, 2024 | By Cole Tretheway

If You Closed a Chime Account, the Banking App Might Owe You $150 or More. Here's Why

Chime may owe money to customers who closed Chime accounts. Find out whether you qualify for this payout.
A mature couple sitting at a kitchen table with papers, a laptop, and a calculator.
May 7, 2024 | By Kailey Hagen

Is Closing a CD Early Ever a Good Idea?

Closing a CD early usually brings penalties, but sometimes it makes sense. Here's what you need to know to decide what you should do.
A class pot filled with coins and a sprout growing
May 6, 2024 | By Chris Neiger

Here's What Happens When a Young Investor Starts a CD

CDs are a popular investment option. Read on to see four things you should know about CDs before jumping in.
Young woman using laptop on the couch
May 6, 2024 | By Kailey Hagen

Why I Like Savings Accounts More Than CDs, Even Though CD Rates Are Over 5%

CDs can help you lock in high interest rates, but they have their drawbacks, too. See why I prefer to keep my cash in a savings account.
Man with glasses using laptop looks away appearing to be in thought.
May 6, 2024 | By Steven Porrello

3 Reasons You Shouldn't Open a High-Yield Savings Account, Even With Rates at 5.55%

The best high-yield savings accounts have mind-boggling APYs. But here are three reasons you might want to avoid them in 2024.
A class pot filled with coins and a sprout growing
May 6, 2024 | By Steven Porrello

This Is How Much Money You Can Make With $20K in a 5-Year CD

CDs are risk-free investments with generous interest rates. Find out how much you can earn over five years with $20,000 invested.