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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.

Recent Articles

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

These 2 Savings Accounts Offer High Rates -- and a Bonus if You Sign Up Soon

Both SoFi and Barclays are currently offering great savings account bonuses for new customers -- and other account perks, too. Check them out here.
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.
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.
April 17, 2024 | By Maurie Backman

3 Expenses You May Be Forgetting to Factor Into Your Emergency Fund

There are certain costs you may neglect to account for in your emergency fund. Read on for three that you need to include.
April 16, 2024 | By Lyle Daly

Looking for a 5% APY? Check Out These 5 High-Yield Savings Accounts

High-yield savings accounts are offering some of their best rates in years. Here are five options that currently have APYs of over 5%.
April 16, 2024 | By Matt Frankel, CFP®

I Haven't Put Money Into a CD Yet -- Here's Why That's About to Change

CD rates have been high for over a year now. Here's why I'm finally thinking about putting my money in.
April 16, 2024 | By Kailey Hagen

Here's What Happens if Someone Steals From Your Bank Account

Thieves drain bank accounts all the time, but that doesn't mean you'll have to pay for what they did. Learn what you need to know if someone steals from you.
April 15, 2024 | By Lyle Daly

Here's Why Savings Accounts at Big Banks Aren't as Safe as You Think

Big banks have a reputation as a safe place to put your money. Find out why using an account at one of these banks could be costly.
April 15, 2024 | By Lyle Daly

5 of the Highest-Paying CDs to Check Out in 2024

Banks are offering some of their best CD rates in years. Find out where you can earn the most right now with this list of high-paying CDs.
April 15, 2024 | By Maurie Backman

I Make $40,000 a Year. What Emergency Fund Do I Need?

Your emergency fund should be calculated based on your personal expenses. Read on to learn more.
April 14, 2024 | By Maurie Backman

Only 1 in 3 Families Has a Joint Bank Account. Should You?

There are pros and cons to having a joint bank account. Read on to learn whether it might be right for you.
April 14, 2024 | By Matt Frankel, CFP®

SoFi Just Gave Credit Card Customers Good News -- Should You Apply?

SoFi just added another big perk to its excellent online bank accounts. Read on for the details.
April 14, 2024 | By Ashley Maready

3 Potential Drawbacks of an Online Savings Account -- and How to Cope With Them

Online banks can sometimes complicate your finances. Keep reading for online savings pitfalls that can be avoided with a little legwork.
April 14, 2024 | By Ashley Maready

Protect Your Cash With This Crucial Bank Feature

Thanks to the establishment of the FDIC, Americans can breathe easier knowing their banked cash is safe. Read on to learn how it works and why it's important.
April 12, 2024 | By Ben Gran

Here's What Everyone Gets Wrong About CDs

Which of these big misconceptions have you heard about CDs? Let's demystify certificates of deposit -- and see if opening a CD is right for your money goals.
April 12, 2024 | By Maurie Backman

You May Have More Time to Lock in a Great CD Rate. Here's Why

CD rates are attractive right now but are expected to fall in line with rate cuts. But read on to see why that may not happen for quite some time.