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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

Senior couple sitting on couch together going over information on a laptop and other documents.
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.
A man wearing a medical mask and taking money out of an ATM on the street.
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.
A hand holding four hundred dollar bills that are on fire
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.
A smiling woman looking at the phone in her hand while sitting at a desk in her living room with her laptop open in front of her.
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.
Three Students Walking Together Carrying Their Books And Laughing
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.
A man reviewing his finances on a tablet with bills on the coffee table in front of him.
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.
A pile of money with a seedling growing out of it
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.
Man with glasses using laptop looks away appearing to be in thought.
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.
Classroom full of high school students
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.
A person holding a bunch of dollar bills in front of their face
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.
Teen taking cash out of her wallet.
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.
A pile of money with a seedling growing out of it
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.
Man reading newspaper and looking at a tablet
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.
A woman looking at her finances with a laptop and phone.
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.
A hand holding four hundred dollar bills that are on fire
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.
A man standing in his living room and looking between two pieces of paper held in each hand.
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.
A hand holding a rolled up wad of bills
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.
Man sits at laptop and appears to be in thought.
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.
A calculator, pad, and pen against a yellow background
April 21, 2024 | By Matt Frankel, CFP®

If You Put $10,000 Into a 5-Year CD, How Much Money Will You Earn?

A CD offers safe and predictable returns, but the amount you make depends on your APY. Here's where things stand right now.
A person wearing a headscarf sitting at a desk with a laptop and holding papers.
April 20, 2024 | By Natasha Etzel

5 Reasons Why Freelancers Should Prioritize Business Banking Accounts

If you're a freelancer, you're a small business owner. Find out why you may want to use business bank accounts to keep your freelancing finances in order.
A pile of money with a seedling growing out of it
April 19, 2024 | By Natasha Etzel

Here's One Downside to a High-Yield Savings Account

A high-yield savings account is a great place to keep your savings if you want to earn interest. But rates can fluctuate. Find out what that means for savers.
Two people holding shopping bags take money from an ATM machine while out on the town.
April 19, 2024 | By Kailey Hagen

5 Debit Card Mistakes You Can't Afford to Make

Debit cards are a convenient way to make purchases, but they have their pitfalls. Here are five debit card errors you don't want to make.
A pile of money with a seedling growing out of it
April 19, 2024 | By Steven Porrello

This Online Savings Account Has a 5.55% APY. Should You Open One?

My Banking Direct High Yield Savings Account has one of the best savings rates on the market. Keep reading to see if it might be a fit for you.
A pile of money with a seedling growing out of it
April 18, 2024 | By Cole Tretheway

3 Reasons Gen Z Should Skip CDs and Invest Their Money Elsewhere

CDs are a bad fit for 20-somethings with debt and low balances. Find out why Gen Z should consider investing money elsewhere.
A pile of money with a seedling growing out of it
April 17, 2024 | By Lyle Daly

Are CDs or T-Bills a Better Investment in April 2024?

CDs and T-bills keep your money safe and pay high interest rates. Decide where to put your savings with this comparison of CD and T-bill rates for April 2024.