Please ensure Javascript is enabled for purposes of website accessibility

This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content
Advertiser Disclosure Many of the offers that appear on this site are from companies from which The Motley Fool receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear) and may influence which products we write about, but our product ratings are not influenced by compensation. We do not include all companies or offers available in the marketplace.
    |    Accessibility Options

Banking Articles | Page 40

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

All Topics Banks Insurance Personal Loans Brokerages Mortgages Credit Cards Cryptocurrency

Recent Articles

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.
A red piggy bank against a yellow background
March 30, 2024 | By Ashley Maready

10 Things You Need to Know About Savings Accounts

Savings accounts are widely available and user friendly. Learn 10 facts about them to optimize and grow your savings.
A glass jar tipped over with coins falling out
March 30, 2024 | By Kailey Hagen

Should You Switch to a CD Before Your Savings Account Interest Rate Falls?

CDs lock in your interest rate for the whole term, which could put more money in your pocket right now. Find out what you need to know.
A woman using an ATM on a sunny street.
March 29, 2024 | By Cole Tretheway

5 Little-Known Perks of Banking With Chime

Chime offers perks like nearby deals, free ATMs, and credit tracking. Discover five less-discussed benefits of banking with this popular mobile app.
A pile of money with a seedling growing out of it
March 28, 2024 | By Chris Neiger

5 CD Tips for Beginners

Curious about CDs? Read on for a few things you should know about getting started with CDs.
A red piggy bank against a yellow background
March 28, 2024 | By Steven Porrello

Which Is Better for Your Savings Goals: A Bank Bonus or a High-Yield CD?

CDs have fixed interest rates, but some bank bonuses may offer greater returns overall. Learn which is the best place for your savings right now.
A red piggy bank against a yellow background
March 28, 2024 | By Cole Tretheway

Unexpected Benefits of High-Yield Savings Accounts for College-Bound Teens

High-yield savings accounts make it easier to save in college and put teens ahead of the curve. Find out how to do college savings the right way.
A person sitting at a sunny dining room table and typing on a laptop.
March 27, 2024 | By Kailey Hagen

Here's Why I Don't Own a CD Even Though Rates Are Sky-High Right Now

CD rates are extremely high right now, but these accounts also limit access to your funds. Here's where I keep my savings instead.
A woman sitting at her dining table and typing on her laptop.
March 24, 2024 | By Natasha Etzel

4 Surprising Ways Smart People Use Their Savings

Not sure how to use the money you have saved? You can make money moves to improve your life now and later. Here are some smart uses for your savings.
A stack of coins against a yellow background
March 22, 2024 | By Chris Neiger

The Pros and Cons of Using CDs as Part of Your Investment Strategy

CDs can be a great place to put your money, but there are drawbacks. Read on to find out how to wisely use CDs as part of your investment strategy.
A person sits on a riverbank next to their bicycle, looking at their smartphone.
March 22, 2024 | By Cole Tretheway

This Is Why Your Savings Account Interest Rate Is Changing

Banks lower interest rates on savings accounts all the time. Find out why.
Two hands holding a wallet taking cash out of it
March 21, 2024 | By Matt Frankel, CFP®

Here's How I'd Construct a CD Ladder With $10,000 Right Now

A solid CD ladder strategy can maximize both income and financial flexibility. Find out how I'd do it with $10,000 to invest today.
A pot of change with a plant growing out of it
March 21, 2024 | By Kailey Hagen

Here's What Happens if You Change Your Mind After Opening a CD

CDs are a great way to grow your wealth, but you could face penalties for early withdrawals. Find out what you need to know.