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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

Man sits at counter with phone on laptop utilizing online banking.
March 9, 2024 | By Ashley Maready

2 Reasons I'm Not Chasing a Higher Rate on My Savings

I could earn 5% APY or higher on my savings, but I'm sticking with my current high-yield savings account. Discover why switching banks isn't always worth it.
A glass jar full of bills and coins
March 8, 2024 | By Lyle Daly

4 Underrated Reasons Why You Should Invest in CDs

CDs are a safe place to get a fixed interest rate on your money. Check out these underappreciated reasons why investing in CDs could be a good idea.
Happy couple reviewing paperwork at a desk with a laptop in their home
March 7, 2024 | By Robin Hartill, CFP

Don't Ignore These High-Yield Savings Opportunities in 2024

Higher interest rates benefit savers. Check out these three high-yield savings opportunities to maximize your earnings in 2024.
A glass jar full of bills and coins
March 6, 2024 | By Brittney Myers

How to Choose the Right CD Terms for Maximum Growth

When rates are high, CDs can be great places for growth. Check out a few things to consider for maximizing that growth.
A hand holding a rolled up wad of bills
March 6, 2024 | By Robin Hartill, CFP

3 Signs You Shouldn't Open a CD, Even With Rates at 5.5%

The best CD rates are sky high, making CDs an appealing investment in 2024. But here are three times you should never put your money in a CD.
A pot of change with a plant growing out of it
March 6, 2024 | By Kristi Waterworth

If You're Considering CDs, Here's Why Money Market Accounts Might Be Better

CDs aren't the only savings vehicles in town -- there are also money market accounts. Keep reading to learn why they're better for some savers.
A red piggy bank against a yellow background
March 5, 2024 | By Kristi Waterworth

4 Key Differences Between CDs and Money Market Accounts

Both CDs and money market accounts can help you earn more interest on your savings, but they're not the same. Read on to learn more.
A calculator, pad, and pen against a yellow background
March 4, 2024 | By Kristi Waterworth

CDs vs. Money Market Accounts: How to Choose What's Best for You

Saving can be a tricky process. Do you choose a CD or a money market account? Let's look at the options in this article.
A person sitting at a sunny dining room table and typing on a laptop.
March 2, 2024 | By Ashley Maready

The Downside of Putting All Your Money in Savings Accounts Over CDs

Got money saved for the near future? Learn why capitalizing on CDs is a good idea right now -- even if savings accounts are easier.
Young woman using laptop on the couch
March 1, 2024 | By Ashley Maready

Here's What Happens When You Switch From a Savings Account to CDs

Thinking of ditching your savings account and putting your cash into CDs instead? Read on to learn what you can expect in the process.
Woman using laptop at home for work or study.
Feb. 29, 2024 | By Ashley Maready

The Role of CDs and Money Market Accounts in a Diversified Savings Strategy

Savings accounts are simple, but you have other options for interest-earning bank accounts. Learn when to lean on CDs and money market accounts.
Man reviewing information on his phone and laptop at home
Feb. 25, 2024 | By Lyle Daly

3 Little-Known Drawbacks of CDs

Interest rates are high right now, and CDs let you lock one in. Make sure you know about the little-known drawbacks of CDs before you do.
Man in suit handing over a paycheck
Feb. 25, 2024 | By Chris Neiger

What Is a Salary Account, and Should You Open One?

Some employers may prefer to pay you through a salary account. Read on to find out if it's the right option for you.
A woman sitting in front of her couch with her laptop and celebrating with her hand in the air.
Feb. 24, 2024 | By Lyle Daly

3 Unexpected Benefits of Opening a New Savings Account

Savings accounts are more than just a place to keep your money safe. Learn about the surprising benefits you could get by opening a new savings account.
Mature man at desk looking off in thought.
Feb. 24, 2024 | By Natasha Etzel

When Should You Stop Contributing to Your Emergency Fund?

If you have enough saved cash in your emergency fund, it may be time to boost your retirement account contributions. Find out when you should do this.
A female college student taking notes while studying on a laptop.
Feb. 23, 2024 | By Ashley Maready

3 Perks of Investing in CDs

CD accounts are having a moment. Learn the benefits of opening a CD, if you've never considered it before.
A smiling woman holding a piggy bank.
Feb. 19, 2024 | By Ashley Maready

The Single Best Way to Maximize Your Savings Account

Having money in savings for emergencies and future spending is a great feeling. Learn what you can do to make it even better.
Mature woman working from laptop with documents in hand.
Feb. 19, 2024 | By Dana George

If You Do One Thing With Your Savings in 2024, Do This

Moving money to a high-yield savings account turbo-charges how much interest you earn. Keep reading to learn the account's other benefits.
Young man pausing from using his laptop to look at a calendar.
Feb. 19, 2024 | By Brittney Myers

1-Year vs. 5-Year CD: Which Is Better?

The maturity length of a CD dictates when you can get your money. Check out how to decide which type to open.
A person working on a laptop at a dining room table with a baby on their lap.
Feb. 19, 2024 | By Natasha Etzel

Make This One Money Move to Ensure You Pay Yourself First

Want to save more money in 2024? Every payday, pay yourself first. Find out how automation can help you stay on track so you reach your savings goals.
A person typing on a laptop while sitting comfortably on a couch.
Feb. 19, 2024 | By Brittney Myers

Should You Open a Long-Term or Short-Term CD?

Choosing the right term for your CD will dictate how beneficial it really is. Take a look at how you can decide.
Woman looking in empty wash with credit cards, calculator, and alarm clock on desk in front of her.
Feb. 18, 2024 | By Kristi Waterworth

3 Little-Known Money Traps That Could Be Draining Your Wallet

Is your wallet feeling a bit lighter right now than you expect? It might be one of these three money traps to blame.
A man smiling while using his laptop.
Feb. 15, 2024 | By Steven Porrello

The Single Best Strategy for CD Investing in Today's Market

CD rates are still high, but what's the best way to capture them? Read on to learn the best strategy for CDs here.
A woman looking at her finances with a laptop and phone.
Feb. 14, 2024 | By Dana George

5 Better Places to Put Your Money Than a Checking Account

The median checking account balance in the U.S. is $2,800. If those funds aren't immediately needed, here are five better places to put them.
A nervous young woman biting her fingernail while sitting in her kitchen with her phone and laptop.
Feb. 14, 2024 | By Steven Porrello

3 of the Worst Mistakes You Can Make With a Certificate of Deposit

CDs are safe and relatively risk free -- that is, if you don't make these three common errors. Find out what they are and how to avoid them.