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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 1, 2024 | By Matt Frankel, CFP®

I Bond Interest Rates Just Fell. Are They Still a Smart Place to Put Your Money to Work?

The yield from inflation-protected savings bonds just got lower. But keep reading to learn the rest of the story.
May 1, 2024 | By Chris Neiger

Young Investor? Avoid These Mistakes When Starting Your First CDs

CDs can be a great place to put your money, but there are a few drawbacks. Read on to find out a few common pitfalls investors should look out for.
April 30, 2024 | By Kailey Hagen

3 Little-Known CD Perks to Watch For

CDs are a great way to grow your wealth, but it can be tough to know which to choose. Here are three CD perks that could make a difference for you.
April 30, 2024 | By Lyle Daly

The Unexpected Downsides of Keeping Too Much in a Savings Account, Even With Rates Above 5%

It's possible to overfund your savings account, and it causes more issues than you may realize. Check out the unexpected downsides of doing this.
April 29, 2024 | By Cole Tretheway

3 of the Best Checking Accounts for High Schoolers Under 18

Checking accounts replace cash in wallets. Here's where to find the best checking accounts for high school teens.
April 29, 2024 | By Kailey Hagen

Are CDs a Good Investment for Seniors?

CDs offer a safe way to grow the wealth you've worked so hard to build. Find out how to know if they're right for you.
April 29, 2024 | By Lyle Daly

The Unexpected Downside of Keeping Too Much Money in Your Checking Account

A checking account isn't the place to keep large amounts of money. Discover a rarely discussed downside of doing so and how it could lead to financial issues.
April 28, 2024 | By Kailey Hagen

5 Little-Known Bank Fees That Could Cost You a Fortune

The right bank account could make you money, but too many fees could cost you more than you earn. Here are five fees to watch out for.
April 28, 2024 | By Kailey Hagen

Can't Decide Which Bank Is Right for You? 5 Questions to Ask Yourself

The bank you choose has a serious effect on your finances. Take a look at five questions to consider when deciding which institution to work with.
April 27, 2024 | By Ashley Maready

3 Effective Ways for College-Bound Teens to Maximize Their HYSA

Opening a savings account before you go off to college can help build a lifelong habit. Keep reading to learn what to consider when you're a beginning saver.
April 27, 2024 | By Natasha Etzel

How to Choose Affordable Business Banking for Your Freelance Services

Are you considering opening a business bank account for your freelance services? Affordable banking options exist. Here's what to look for and what to avoid.
April 27, 2024 | By Kailey Hagen

Having Trouble Saving Money? A CD Could Be the Answer You're Looking For

CDs offer high interest rates, and they have rules that help discourage withdrawals. Here's what you need to know about them.
April 27, 2024 | By Steven Porrello

​​3 Reasons You'll Regret Not Opening a CD in 2024

CD rates have already started to fall. If you're interested in opening one, find out why you might not want to delay your decision for much longer.
April 26, 2024 | By Cole Tretheway

What to Look For When Opening a Checking Account in High School

High schoolers shouldn't be charged maintenance fees. Find out what to look for when opening a teen checking account.
April 26, 2024 | By Kailey Hagen

This Bank Is Offering a $2,500 Bonus to Some New Customers Until July 8

Citibank is offering a checking account bonus worth up to $2,500. Find out what you have to do to earn it.
April 26, 2024 | By Cole Tretheway

What to Look for When Opening Your First Savings Account in High School

Your first savings account should be cheap and hassle free. Find out what else to look for to get the best deal.
April 25, 2024 | By Matt Frankel, CFP®

The Fed Might Not Lower Interest Rates in 2024. Here's What That Means for CD Rates

It's getting less likely we'll see significant rate cuts in 2024. And this could have implications for CDs. Keep reading to learn more.
April 24, 2024 | By Steven Porrello

Will Hotter-Than-Expected March Inflation Push CD Rates Higher?

Annual inflation in March was higher than expected. Read on to learn how this might affect CD rates.
April 24, 2024 | By Dana George

Why I'm Slowly Moving Money Out of My High-Yield Savings Account

High-yield savings accounts are awesome, but they don't have to be forever. Here's why one writer plans to move her money out soon.
April 23, 2024 | By Kailey Hagen

3 Interest-Bearing Bank Accounts That Could Cost You in the Long Run

Earning interest on your savings is great, but some accounts offer you more than others. Here are three to stay away from.
April 23, 2024 | By Ashley Maready

Ranked: Top HYSA Options for College-Bound Teens

Ready for college? Keep reading for three excellent high-yield savings accounts that can help you get in the habit of saving money.
April 22, 2024 | By Steven Porrello

3 Reasons Not to Open a CD Right Now, Even With Rates at 5.30%

Despite high rates, now might not be the right time to open a new CD. Keep reading to learn when a CD is the wrong move for you.
April 22, 2024 | By Matt Frankel, CFP®

2 Great Banks That Will Pay You to Open an Account

Thinking of moving to an online bank? Find out how you can get up to $300 for doing it.
April 21, 2024 | By Steven Porrello

Rakuten Users: Get a $50 Cash Back Bonus When You Open a Raisin CD

If you've never opened a Raisin account before, Rakuten is offering you a special reward. Find out how to earn a $50 bonus with a new CD or savings account.
April 21, 2024 | By Matt Frankel, CFP®

Should You Buy a 1-Year CD Now Before the Fed Starts Cutting Rates?

The Federal Reserve is widely expected to start lowering interest rates soon. Find out what it could mean for your CDs.