Banking Articles | Page 17
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
June 18, 2024 | By Steven Porrello
3 Easy $200 Bank Bonuses Practically Anyone Can Get Right Now
Earning a bank bonus can give your budget some breathing room this month. Read on for three bonuses that are low-hanging fruit.
June 18, 2024 | By Dana George
Your Checking Account Is Probably Costing You Money. Here Are 4 Better Options
Keeping money in most checking accounts means losing funds every month. Find out why and what you can do about it.
June 18, 2024 | By Steven Porrello
Should You Open a CD in Your HSA?
Opening a high-yield CD in an HSA could put your medical savings to work. Learn when you should (and shouldn't) use CDs to grow your HSA funds.
June 17, 2024 | By Dana George
4 Smartest Places to Keep Your Emergency Fund
If your emergency savings account sits in a checking account, you're losing money. Keep reading to learn about four better places to save money.
June 17, 2024 | By Chris Neiger
CD Rates Are Now Above 5%, but They Still Don't Come Close to 1980s' Returns
CD rates are impressive, but not historically high. Read on to find out why they're still a good investment option.
June 16, 2024 | By Steven Porrello
3 Reasons to Switch Banks Even if It Means You Get a Lower Interest Rate
Your bank might be paying you a generous interest rate. But read on to see why switching to another bank could make more sense.
June 16, 2024 | By Emma Newbery
3 Ways CDs Can Help You Beat Inflation
Inflation is not great for savers as it eats into the value of your funds. Find out how CDs and other savings accounts can help you stay ahead of inflation.
June 14, 2024 | By Chris Neiger
5 Habits of Millionaires That Will Improve Your Finances
Millionaires have good financial habits you can imitate. Read on to learn how to improve your finances with a few simple changes.
June 14, 2024 | By Chris Neiger
3 Reasons to Sit Out Sky-High CD Rates
CD rates are through the roof. Read on to find out how you can do better elsewhere.
June 13, 2024 | By Steven Porrello
3 Fantastic Reasons to Invest in a 100-Year CD
A 100-year CD might mature when you're no longer living, but that doesn't mean it's not a smart investment. Learn how 100-year CDs could help you and your family.
June 12, 2024 | By Steven Porrello
This Is the Absolute Worst CD You Can Get in 2024
CDs aren't created equal. Find out which type of CD is paying high rates, but could result in lost interest.
June 12, 2024 | By Ashley Maready
Never Put Your Emergency Fund in This Bank Account
Got some cash put aside for unplanned expenses? See why you should resist the impulse to lock it up in a CD.
June 9, 2024 | By Emma Newbery
This CD Mistake Could Cost You Hundreds of Dollars
If you don't take action when your CD reaches the end of its term, it may automatically renew. Find out how this could eat into your CD earnings.
June 9, 2024 | By Emma Newbery
Are All CDs Protected by FDIC Insurance?
FDIC insurance applies to money in CDs as well as savings, checking, and other accounts. Find out about the few scenarios where your CD won't be covered.
June 8, 2024 | By Natasha Etzel
Here's Why a $1,000 Emergency Fund Probably Isn't Enough for You
Working hard to build your emergency fund? You'll likely want to save more than $1,000. Find out why you may need more than $1,000 in your emergency fund.
June 7, 2024 | By Cole Tretheway
How Much Money Should You Keep in a Checking Account? Here's the Sweet Spot
Americans had a median checking account balance of $2,800 in 2022. Find out whether that's enough money and how much you should have.
June 6, 2024 | By Steven Porrello
Is $20,000 Too Much to Have in Your Savings Account?
Savings accounts are safe, but you don't want to overfund them. Learn when $20,000 is too much for a savings account and when it's just right.
June 5, 2024 | By Lyle Daly
Learn What Happens When You Leave a Lot of Money in Your Savings Account
It's possible to overfund your savings account. Discover the drawbacks of doing this and how to better manage your money.
June 4, 2024 | By Lyle Daly
Here's What Happens When You Withdraw $10,000 From Your Bank Account
Banks need to follow special rules for withdrawals of more than $10,000. Find out what to expect if you need to withdraw this much money.
June 4, 2024 | By Steven Porrello
Here's What Happens When You Contribute Too Much to Your FSA
Overcontributing to a flexible savings account (FSA) comes with some risks. Find out what happens when you don't use your FSA money by the annual deadline.
June 3, 2024 | By Cole Tretheway
How Much Money Should You Keep in an Emergency Fund? Here's the Sweet Spot
$10,000 is not enough for most American households to build an emergency fund. Find out how much to keep in your fund.
June 2, 2024 | By Kailey Hagen
5.00% APY CDs Are Getting Scarce. 3 Places You Can Still Find Them if You Hurry
CD interest rates are expected to drop later this year. Check out these three banks if you want to lock in a 5.00% APY before it's too late.
June 1, 2024 | By Chris Neiger
The Hidden Downside of Leaving Lots of Money in Your Savings Account
Even savings accounts have drawbacks. Read to find out when these accounts aren't the best option.
June 1, 2024 | By Kailey Hagen
5 Reasons to Switch Banks in June
Switching banks can save you time and money. Here are five big reasons you should consider dumping your old bank in June.
May 31, 2024 | By Kristi Waterworth
Here's What Happens When You Withdraw $10,000 From Your Bank Account
Removing $10,000 from your own bank account can come with complications. Find out why here.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. The Motley Fool has a Disclosure Policy. The Author and/or The Motley Fool may have an interest in companies mentioned.