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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

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.
Bank teller assisting a customer with cash transaction.
Feb. 14, 2024 | By Steven Porrello

What Happens if You Deposit More Than $10,000 in Your Bank Account?

Making a big deposit at your bank can trigger a report to the federal government. Find out what happens when you deposit $10,000 or more.
A man sitting at a sunny desk and looking up something on a laptop.
Feb. 14, 2024 | By Matt Frankel, CFP®

Could CD Rates Go Even Higher in 2024?

It's certainly possible for CD rates to go even higher this year, but it isn't the most likely scenario. Read on to find out what is.
Young woman using laptop on the couch
Feb. 13, 2024 | By Steven Porrello

CDs vs. Savings: Where Should You Put Your Money Now?

It's a debate that's as old as the hills: CDs or savings accounts? Read on to learn which is better for your money in 2024 here.
A worried-looking woman looking something up on her laptop while sitting at her kitchen table.
Feb. 13, 2024 | By Chris Neiger

3 Potential Regrets When Opening CDs (and How to Avoid Them)

CDs often have stricter rules than savings accounts. Here's what to know beforehand so you can avoid making a mistake.
Man sits at counter with phone on laptop utilizing online banking.
Feb. 12, 2024 | By Kailey Hagen

What Kind of CD Should You Open in 2024?

CDs can help you earn even more than a savings account, but to maximize your profits, you need the right CD term. Here's what you need to know.
A man wearing a medical mask and taking money out of an ATM on the street.
Feb. 12, 2024 | By Dana George

How Much Money Can You Withdraw From Savings at Once?

Taking too much money out of savings at once can raise red flags. Here's how to be sure you're not arousing suspicion.
A man looking upset while reading something on his phone.
Feb. 12, 2024 | By Ashley Maready

4 Expensive Savings Blunders to Avoid at All Costs

You might think it's enough to just put money in a savings account -- but you'd be wrong. Learn a few mistakes to dodge along the way.
Two men in thought looking at a laptop screen together.
Feb. 11, 2024 | By Steven Porrello

Brokered vs. Bank CDs: Which Is a Better Investment?

Bank and brokered CDs have high APYs, but in today's interest rate market one might be better than the other. Read on to discover the difference.
A pensive person reads a graph on a laptop in an office late at night.
Feb. 11, 2024 | By Steven Porrello

Got a CD in 2023? Your Tax Bill Might Be Higher Than You Think

If big CD rates have yielded generous returns for you, get ready to give Uncle Sam his cut. Read on to learn how CDs are taxed.
Man using his smartphone while laptop with data sits in the background.
Feb. 10, 2024 | By Lyle Daly

CDs vs. T-Bills: What's the Better Investment Now?

CDs and Treasury bills are two of the safest places to put your money. Compare CD and T-bill rates so you can decide which is the better buy.
A person holding a cell phone while looking out a window surrounded by house plants.
Feb. 8, 2024 | By Ashley Maready

More Than Two-Thirds of Americans Are Missing Out on Bonus Cash -- Here's Why

Did you know you can earn 4% (or more) on your savings these days? Keep reading to learn how.
Couple using laptop and calculator together smiling.
Feb. 8, 2024 | By Matt Frankel, CFP®

If You Invest $1,000 in a CD Today, Here's How Much You Could Have in 5 Years

How much could your money grow in a "boring" CD? Keep reading to find out -- you might be surprised.
A stressed person looking through papers and sitting in front of a laptop at a kitchen counter.
Feb. 8, 2024 | By Dana George

The Worst Savings Account Mistakes, According to Financial Experts

It's easy to leave the funds in your savings account untouched. Keep reading to learn what experts say you should do instead.
A person sits on a riverbank next to their bicycle, looking at their smartphone.
Feb. 7, 2024 | By Chris Neiger

How Much Should You Put Into a CD? Here's One Way to Decide

CDs can be a great place to let your money grow, but it's probably best to start slow. Learn more about getting yourself set up with CDs.
A hiker standing next to a lake looking at the sun hitting the top of the Matterhorn peak in Switzerland.
Feb. 7, 2024 | By Chris Neiger

5 Countries With the Highest Savings Rate (the U.S. Isn't Even Close)

The U.S. savings rate falls far below that of many other countries. Here are a few steps to take to boost your savings.
A young adult uses their laptop at home during breakfast.
Feb. 6, 2024 | By Steven Porrello

The Downside of CDs: What You Need to Watch Out For

Today's best CDs have eye-popping APYs, but don't be fooled: They're not always the best investment. Learn more about the downsides of CDs here.
Woman at computer budgeting.
Feb. 6, 2024 | By Dana George

3 Surprising Stats About the Average American's Savings

When it comes to savings accounts, you don't have to keep up with the Joneses. You just need enough to meet your needs. Read on to learn more.
A person sitting at a sunny dining room table and typing on a laptop.
Feb. 6, 2024 | By Dana George

The Single Best Thing You Can Do with Your Savings Right Now

Money sitting in the average savings account cannot keep pace with inflation. Take a look at how you can help that money grow instead.
One spouse uses a laptop at the kitchen table while another prepares food in the background.
Feb. 5, 2024 | By Steven Porrello

The Single Best Strategy for Making Money With CDs in 2024

The best strategy for CDs in 2024 helps you maximize returns while minimizing risks. Read on to learn what it entails -- and how to set one up today.
Two people sitting on a couch in their living room while typing on a laptop on the coffee table.
Feb. 3, 2024 | By Brittney Myers

This Is How Much You Can Really Make With CDs

High rates mean CDs are back in the spotlight. Take a look at the math that shows why they deserve it.
A woman looking at her finances with a laptop and phone.
Feb. 2, 2024 | By Natasha Etzel

3 Reasons Why Your Savings Account Isn't Growing as Expected

If you have money in a savings account, take steps to maximize your account growth. You could be making mistakes that slow your growth progress. Learn more.