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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.

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Recent Articles

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
A glass jar tipped over with coins falling out
May 5, 2024 | By Steven Porrello

​​Don't Make These 3 Common Expensive Mistakes With Your CDs

CDs are FDIC-insured and relatively risk free. But if you make any of these three errors, you could be missing out on bigger returns. Read on for more.
A person holding a cell phone while looking out a window surrounded by house plants.
May 5, 2024 | By Kailey Hagen

If a Savings Account Doesn't Have These 5 Features, It's Not Worth Your Time

There are thousands of savings accounts out there. Focus on these five criteria to find the best one for you.
A young adult sits cross-legged while typing on a laptop in their bedroom.
May 4, 2024 | By Chris Neiger

How To Start Your First CD: A Young Investor's Guide

CDs can be a good investment option. Read on to find out what you need to know before you open one up.
A person holding a bunch of dollar bills in front of their face
May 4, 2024 | By Emma Newbery

This Checking Account Pays a Welcome Bonus of Up to $600. Is It Worth It?

The Associated Bank is offering welcome bonuses of $300 to $600 to new customers. Find out how to decide if a sign-up bonus is a good deal.
A mature couple sitting at a kitchen table with papers, a laptop, and a calculator.
May 4, 2024 | By Kailey Hagen

3 Little-Known Perks of High-Yield Savings Accounts

The interest rate is important when choosing a savings account, but it's not the only factor. Here are three other benefits you may want to watch for.
An older couple sit together and go over their investment portfolio.
May 3, 2024 | By Lyle Daly

The 4 Safest Places for Retirees to Put Their Money

When you're retired, your savings needs to last you the rest of your life. Learn about the safest places you can put your money to make that happen.