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Banking Articles | Page 10

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

A woman sitting in a restaurant and tapping her smart phone on a payment reader.
Oct. 28, 2024 | By Emma Newbery

Digital Wallet vs. Debit Card: Which Is Safer?

Almost 50% of Americans have used a digital wallet in the past three months. Find out whether it's safe to keep so much sensitive information on your phone.
Bank teller assisting a customer with cash transaction.
Oct. 27, 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 pot of change with a plant growing out of it
Oct. 27, 2024 | By Danielle Antosz

Can You Still Make Money Investing in CDs?

As the Fed drops rates, are CDs still a solid investment? See what you need to know about buying CDs in today's market.
A pile of money with a seedling growing out of it
Oct. 27, 2024 | By Matt Frankel, CFP®

These 3 Top Banks Have Already Lowered Interest Rates After September's Fed Rate Cut

These savings accounts have lower interest rates than a couple months ago. But find out why they're still worth a closer look.
A worried person sitting with their chin resting on their hand and staring off into the distance.
Oct. 27, 2024 | By Lyle Daly

5 Sure Signs You're Using the Wrong Savings Account

Using the wrong savings account could cost you. Check out a few warning signs that you need to make a change.
A pile of currency bills
Oct. 26, 2024 | By Kailey Hagen

Here's What Happens When You Withdraw a Lot of Money From Your Bank Account

Withdrawing a lot of money from your bank account isn't as simple as just stopping at your local ATM. Here's what could happen if you try it.
A serious young man working on his computer at home.
Oct. 25, 2024 | By Lyle Daly

3 Reasons Your CDs Aren't as Safe as You Think

CDs are generally considered a safe way to grow your money. Learn about the risks of investing in CDs before you open one.
A smiling man drinking juice and looking at his phone while sitting at the breakfast table in front of a bowl of cereal.
Oct. 25, 2024 | By Matt Frankel, CFP®

Should You Use a Brick-And-Mortar or Online Checking Account?

You might be surprised at how much better online checking accounts can be. Take a look at what you need to know.
A stack of coins against a yellow background
Oct. 25, 2024 | By Matt Frankel, CFP®

CD Yields Could Stay Higher for Longer -- Here's Why

Are you worried about being able to get a CD with a high interest rate? There might be some good news. Find out more here.
A woman looking at her finances with a laptop and phone.
Oct. 24, 2024 | By Natasha Etzel

This Is How Much Money You Can Make With $10K in a High-Yield Savings Account

It pays to keep your money in a savings account with a competitive interest rate. Find out how much you can earn with $10,000 in a high-yield savings account.
A hand holding four hundred dollar bills that are on fire
Oct. 24, 2024 | By Lyle Daly

3 Reasons Not to Open a CD Right Now, Even With Rates at 5%

Despite a recent rate cut, high-paying CDs are still available. Before you open one, find out why this might not be the best place for your money.
A smiling person sitting on a couch near a window and holding a cell phone.
Oct. 23, 2024 | By Ashley Maready

4 Ways to Safeguard Your Money in an Online Bank

Online banks are as safe as traditional ones -- and charge fewer fees while paying higher APYs. Learn how to keep your money secure in online bank accounts.
A pile of money with a seedling growing out of it
Oct. 22, 2024 | By Matt Frankel, CFP®

Will Interest Rate Cuts Make CD Yields Plunge in 2025?

Falling interest rates could definitely make CD yields fall, but the impact might be less than you think. Read on to learn more.
A young woman taking a picture of a check.
Oct. 22, 2024 | By Matt Frankel, CFP®

3 Reasons to Finally Ditch Your Bank and Open an Online Checking Account Right Now

You might be surprised at what an online checking account could do for you. Read on for three of the top reasons to make a switch.
Mature couple smiling with cellphone in hand while sitting outdoors among background of mountains
Oct. 22, 2024 | By Jordi Lippe-McGraw

How Much Money Do You Need in Savings at Age 60?

Learn how much you need in savings by age 60 and how to grow your funds faster. Start planning for your future today.
A calculator, pad, and pen against a yellow background
Oct. 22, 2024 | By Matt Frankel, CFP®

Prediction: Here's What 1-Year CD Yields Will Be at the End of 2025

There's no way to know for sure where CD yields will be in a year. Read on for my prediction based on what we know now.
A pile of money with a seedling growing out of it
Oct. 22, 2024 | By Jordi Lippe-McGraw

How Much Money Do You Need in Savings at Age 50?

Find out how much you should have saved by age 50 to handle life's surprises. Read on for tips to boost your savings now.
Man using laptop with his Shiba Inu dog beside him on the couch
Oct. 21, 2024 | By Lyle Daly

3 Reasons to Buy T-Bills Yourself and Not Through Your Bank

There are plenty of places where you can buy Treasury bills. Find out why you may want to do it yourself through Treasury Direct instead of through a bank.
A glass jar full of bills and coins
Oct. 21, 2024 | By Emma Newbery

3 Alternatives I Like Better Than CDs Right Now

Falling savings rates could be a blessing in disguise. Find out how investments can outperform CDs and help you build wealth over time.
Woman using laptop and smartphone at home
Oct. 21, 2024 | By Ashley Maready

Why I'm Not Opening Any CDs in 2024 -- Even Though Rates Are Still Near 5%

CDs can be great for some people -- but they're not a fit for me. Read on to see why I'm giving them a pass despite great rates.
A pile of currency bills
Oct. 21, 2024 | By Matt Frankel, CFP®

Have You Considered a Money Market Account? Here's Why You Should

Money market accounts aren't as well known as checking or savings accounts. But here's why you should take a closer look.
A red piggy bank against a yellow background
Oct. 21, 2024 | By Matt Frankel, CFP®

Here's Why It's Still a Great Time to Open a High-Yield Savings Account

Many savers fear a return to the ultra-low savings account yields of 2021, but that isn't likely to happen. Find out more here.
A person sitting on a couch and writing on a piece of paper next to a laptop open on a table.
Oct. 20, 2024 | By Danielle Antosz

The Most Important Thing to Know About CD Interest Rates Right Now

Should you invest in CDs? CD rates currently outpace inflation, offering a safe, steady return. Here's why you should consider building a diverse portfolio.
A glass jar tipped over with coins falling out
Oct. 20, 2024 | By Chris Neiger

Don't Make These 3 Mistakes With Your High-Yield Savings Account

It's hard to go wrong with high-yield savings accounts, but there are a few things you should know. Read on to find out which moves to avoid.
A smiling man drinking juice and looking at his phone while sitting at the breakfast table in front of a bowl of cereal.
Oct. 20, 2024 | By Matt Frankel, CFP®

The Fed Just Cut Rates -- but You Might Be Surprised by How Much CDs Are Still Paying

The Federal Reserve made a rather aggressive interest rate cut in September. But it hasn't impacted CDs as much as you might think. Learn more here.