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Banking Articles | Page 4

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

Recent Articles

April 22, 2024 | By Maurie Backman

Will CD Rates Drop in 2024? Here's What We Know

CD rates are strong now. Will that change later this year? Read on to find out.
April 22, 2024 | By Maurie Backman

You May Have Access to This Amazing Savings Account in 2024 -- Even if You Didn't in 2023

There's a special type of savings account where access isn't automatically granted. Read on to see what it is and whether you qualify.
April 22, 2024 | By Maurie Backman

Here's Why I Treat My HSA as a Retirement Savings Plan

I try to make HSA withdrawals off limits. Read on to see why.
April 21, 2024 | By Steven Porrello

​​Get an Incredible 5.45% APY When You Open a Checking and Savings Account at This Bank

UFB Direct is giving you an APY boost when you link a UFB Freedom Checking with a UFB Secure Savings. Learn how to earn 5.45% on your money.
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.
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.
April 21, 2024 | By Ben Gran

How Your Bank Can Help Fight Climate Change

Did you know that your bank can help reduce carbon emissions? Learn how choosing a green bank can help divest from fossil fuels and support clean energy.
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.
April 20, 2024 | By Maurie Backman

I Used to Be Opposed to 5-Year CDs. Here's Why I've Changed My Tune

Long-term CDs could be a good choice in some cases. Read on to see why.
April 20, 2024 | By Maurie Backman

CDs Can Be Risky. Is a No-Penalty CD a Safer Bet?

With a CD, you risk being penalized for an early withdrawal. Read on to learn about a different type of CD where this may not be an issue.
April 20, 2024 | By Maurie Backman

Why HSAs Are Worlds Better Than Regular Savings Accounts

Have access to a health savings account? Here's why you may want to prioritize contributions there over a regular savings account.
April 20, 2024 | By Ben Gran

Top 7 Things I'd Rather Do With My Cash Than Open a CD

Don't open a CD in 2024 until you read this! These other seven accounts can give you extra benefits and high yield on your cash savings.
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.
April 20, 2024 | By Maurie Backman

My Bank Charged Me an Erroneous Fee and Fixed It. I Might Leave Anyway for This Reason

This writer is upset about a recent issue with her bank. Read on to see what it is and why it may be such a deal breaker.
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.
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.
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.
April 19, 2024 | By Christy Bieber

These 3 CDs All Offer Rates Above 5.00% Right Now. Does It Matter Which One You Pick?

Choosing a CD requires careful consideration of many options. Check out three great choices with top APYs and learn how to pick between them.
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.
April 18, 2024 | By Christy Bieber

CD Rates Are Doing Something They Haven't Done Since the 1980s -- and It's Good News for Savers

CD rates are higher for short-term CDs than longer-term ones for the first time in almost four decades. Read on to learn how to capitalize on it.
April 18, 2024 | By Christy Bieber

3 Best Savings Accounts With High Rates and No Minimum Balance Requirements

There are three great savings accounts right now that you may want to consider. Check them out to see if one is right for you.
April 18, 2024 | By Christy Bieber

2 Reasons I'm Not Switching My Savings Accounts to Get Better Rates

Different savings accounts offer different rates. Learn why it may not be worth changing banks to get a higher APY on your saved cash.
April 17, 2024 | By Christy Bieber

Here's What Happens if Your Savings Account Balance Is Too High

It's good to have money in savings, but not too much. Read on for a few big downsides you could face if you do.
April 17, 2024 | By Christy Bieber

Interest Rates May Fall This Year. Try This to Keep Your High Rate

The Federal Reserve has signaled it wants to cut interest rates in 2024. Find out why opening a CD account might be a good idea.
April 17, 2024 | By Matt Frankel, CFP®

This Unique Checking Account Doesn't Pay Interest -- It Does Something Even Better

Some online checking accounts have a modest APY. Keep reading to see how this Discover account offers a more valuable perk.