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Banking Articles | Page 33

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

A pile of money with a seedling growing out of it
April 16, 2024 | By Lyle Daly

Looking for a 5% APY? Check Out These 5 High-Yield Savings Accounts

High-yield savings accounts are offering some of their best rates in years. Here are five options that currently have APYs of over 5%.
Man with glasses looking at laptop.
April 16, 2024 | By Matt Frankel, CFP®

I Haven't Put Money Into a CD Yet -- Here's Why That's About to Change

CD rates have been high for over a year now. Here's why I'm finally thinking about putting my money in.
A stressed young woman sitting with her hands covering her face.
April 16, 2024 | By Kailey Hagen

Here's What Happens if Someone Steals From Your Bank Account

Thieves drain bank accounts all the time, but that doesn't mean you'll have to pay for what they did. Learn what you need to know if someone steals from you.
A class pot filled with coins and a sprout growing
April 15, 2024 | By Lyle Daly

Here's Why Savings Accounts at Big Banks Aren't as Safe as You Think

Big banks have a reputation as a safe place to put your money. Find out why using an account at one of these banks could be costly.
A pile of money with a seedling growing out of it
April 15, 2024 | By Lyle Daly

5 of the Highest-Paying CDs to Check Out in 2024

Banks are offering some of their best CD rates in years. Find out where you can earn the most right now with this list of high-paying CDs.
A woman using an ATM on a sunny street.
April 14, 2024 | By Ashley Maready

3 Potential Drawbacks of an Online Savings Account -- and How to Cope With Them

Online banks can sometimes complicate your finances. Keep reading for online savings pitfalls that can be avoided with a little legwork.
A red piggy bank against a yellow background
April 14, 2024 | By Ashley Maready

Protect Your Cash With This Crucial Bank Feature

Thanks to the establishment of the FDIC, Americans can breathe easier knowing their banked cash is safe. Read on to learn how it works and why it's important.
A person sitting at a desk in a sunny home office and typing on a laptop.
April 10, 2024 | By Matt Frankel, CFP®

3 Expert Tips on Making the Most of CDs

CDs can be a great way to lock in a yield on your savings, but there are other factors to consider. Keep reading for expert CD advice.
A hand holding four hundred dollar bills that are on fire
April 8, 2024 | By Steven Porrello

The 5 Most Costly CD Mistakes You Can Make in 2024

CDs can be a smart place to put your savings, but they're not entirely risk-free. Learn the five most costly CD mistakes and how to avoid them.
A wallet with a fan of five bills coming out of it
April 8, 2024 | By Kailey Hagen

Interest-Bearing Checking Accounts Are Overhyped. Here's What You Should Really Focus On

Interest-bearing checking accounts sound great on paper, but they probably won't earn you much money. Read on for what to look for instead.
A calculator, pad, and pen against a yellow background
April 8, 2024 | By Chris Neiger

401(k) Hardship Withdrawals Are at a Record High. 3 Steps to Gain Control of Your Finances

Inflation is still affecting Americans' finances. Read on to find out how to get yours back on track.
A class pot filled with coins and a sprout growing
April 8, 2024 | By Kailey Hagen

These Are the 5 Biggest Mistakes You Can Make With Your CD

CDs can help you grow your savings, but they can also cost you if you're not careful. Here are five big mistakes you definitely want to avoid.
A glass jar tipped over with coins falling out
April 7, 2024 | By Steven Porrello

When Can a Bank Take Money From Your Checking Account Without Your Permission?

Banks can subtract money from your deposit accounts, like checking or savings, under one condition. Find out when they can seize funds and how to prevent it.
An old black rotary phone against a yellow background
April 7, 2024 | By Kailey Hagen

Lost Track of One of Your Bank Accounts? Here's How to Find It

Lost bank account funds could be out there waiting for you. Here's how to track them down.
A pot of change with a plant growing out of it
April 7, 2024 | By Steven Porrello

The Top 3 Reasons to Open a 5-Year CD in 2024

A 5-year CD won't have the best interest rate on the market today. But it might be worth opening one regardless. Learn if a 5-year CD is the best place for your savings.
A stack of coins against a yellow background
April 5, 2024 | By Steven Porrello

This Certificate of Deposit (CD) Still Has a 6% APY -- For Now

One credit union still offers a CD with a 6% APY. Learn the requirements and see if you qualify for this market-leading CD rate.
A glass jar full of bills and coins
April 3, 2024 | By Cole Tretheway

3 High-Yield Savings Accounts That Let You Split Savings Into Buckets

Organize money fast with savings account buckets. Find out which banking platforms combine bucketing with high interest rates.
Man smiling at the contents of an open envelope.
April 2, 2024 | By Dana George

How the 100 Envelope Savings Challenge Can Help You Meet Your Savings Goals

Saving money can be a challenge. Keep reading to learn about one simple way to make saving fun.
A pile of bills
April 1, 2024 | By Matt Frankel, CFP®

CDs, Savings and Checking Accounts, Savings Bonds: Here's Where I Put My Own Cash

There's no perfect way for everyone to allocate their money. Keep reading for a rundown of what I do.
A red piggy bank against a yellow background
April 1, 2024 | By Ashley Maready

3 Signs You've Got the Wrong Savings Account

Opening a savings account is personal finance 101 -- but some accounts are better than others. Learn how to tell if your savings account is a loser.
A hand holding four hundred dollar bills that are on fire
March 31, 2024 | By Cole Tretheway

Lessons Learned: Real-Life Examples of Costly Savings Account Mistakes

I lost money because I didn't understand my savings account. Learn from my mistakes to avoid paying hundreds of dollars in fees.
Couple using laptop and calculator together smiling.
March 31, 2024 | By Steven Porrello

Here's Why I'll Choose CDs Over Savings Accounts in 2024

CDs and savings accounts can help your savings grow, but when it comes to choosing the right one for 2024, there's a clear winner. Read on for more.
A glass jar full of bills and coins
March 31, 2024 | By Natasha Etzel

My Savings Account APY Dropped Recently. Here's Why I'm Not Too Upset

Banks can adjust savings account rates at any time. The lower the rate, the less interest you earn. Here's why a small rate change isn't the end of the world.
A person sitting on a couch and writing on a piece of paper next to a laptop open on a table.
March 31, 2024 | By Matt Frankel, CFP®

10 Pros and Cons of Investing in CDs

CDs can be smart places to put your cash. But they aren't right for every situation. Keep reading to learn the benefits and drawbacks of CDs.
A class pot filled with coins and a sprout growing
March 30, 2024 | By Matt Frankel, CFP®

10 Things You Need to Know Before Investing in CDs

CDs can be a great way to lock in an interest rate on your savings. Keep reading for important facts about CDs.