Banking

Many investors wonder if CDs are worth it when interest rates are changing. We share the pros and cons of CDs and suggest alternatives to consider.

Closing a bank account can be tricky. Here are steps to follow to ensure a smooth transition.

UFB Direct, a division of Axos Bank, offers competitive savings and money market accounts, but some account minimums are high and might not work for all savers.

Both wire transfers and bank transfers allow you to send money to someone else, but there are some crucial differences between them.

Private banking is a personalized financial service offered to high-net-worth individuals. Read our guide to understand whether it makes sense for you.

When opening a bank account, should you choose a checking vs. savings account? Each has its pros and cons and we'll analyze its features to help you decide.

A checking account allows you to deposit your paycheck or other earnings, and make payments via check, debit card, mobile wallet, or autopay.

Your routing number is used to help identify your account for digital transactions. Your account number identifies your specific account.

If you don't have a bank account, you still have options to cash a check. You can cash it at the issuing bank, at a retailer or grocery store or by depositing funds into a prepaid debit card.

There are many ways to make payments, and paper checks are still an option. Keep reading to learn how to order checks from your bank.

Long-term CDs allow you to lock in a competitive interest rate in exchange for a years-long commitment.

Understand how to combat the impact of persistent inflation on your savings in an environment of high interest rates and rising costs.

U.S. Bank has over 2,000 branches in 26 states. Its holding company, U.S. Bancorp, is number 150 on the Fortune 500 list. It is one of the largest banks in the United States.

CDs are a great option for stashing away savings and maximizing returns. Common terms range from three months to five years, though these vary by financial institution. Six-month CDs offer a good balance between term length and APY, without locking away your funds for too long.

The best money market accounts can provide you with additional flexibility and check-writing privileges while offering relatively high yields.

Short-term investments can help you earn a little more yield on money that you want to access in a relatively short period of time.

This article explains Annual Percentage Yield, standardized way of expressing an interest rate that takes into account the effects of compounding interest.

Savings accounts give you a place to safely store any extra money you don't need. Find out how these accounts work and how to open one.

Opening a bank account involves picking a banking institution and account type, completing an application and making an initial deposit, although there are some general requirements you’ll need to meet beforehand.

Savings accounts are important tools to earn interest and save for your goals. There are many types of savings accounts depending on what you are saving for.

Passive income streams can take the form of an investment account or an added income stream attached to your primary job or a side hustle. These income streams can be a valuable addition to your regular income.

Quontic Bank offers high-yield banking products, as well as home loans in 50 states. It’s a digital bank and designated as a community development bank.

If you own a small business or are considering starting one, you’ll likely need a bank or other financial system to conduct online and in-person transactions.

Does your business frequently have high deposit balances? If so, you should be earning interest on those deposits at one of the best business savings accounts. Here are six of the top banks.

The best credit unions offer high-yield products and low interest credit cards. You might be surprised at the benefits that can come from credit unions.

A share certificate is a type of savings account offered by credit unions with a fixed rate over a specific term.

Cash App is a mobile app that allows you to send and receive money, in addition to buying stocks and bitcoin. It’s a legitimate financial app that is safe if you use it carefully.

You can deposit cash onto a prepaid debit card, and then spend up to that amount. Here are the best.

The best money transfer apps have the lowest fees and the quickest transfers. Here are the best ones to use right now.

Different types of checks have different expiration dates, but most personal checks expire after six months.

The Fed is expected to lower interest rates in 2024, but no one knows when or by how much. In the meantime, investors should look to CDs, savings accounts and bonds to provide a return.

Banking has moved online, despite the thousands of physical bank branches nationwide. Here’s how to set up a bank account online.

Use a CD to “lock in” a higher yield for a year to get more for your money when saving for a medium- to long-term goal. Here are some of the best CD rates.

CIT Bank offers a variety of banking products, including one of the highest-yield savings accounts available and a yield-bearing checking account.

As you build your savings account balance, you may wonder, “how much should I have in savings?” The right answer depends on your income, expenses, and goals.

Looking to do a balance transfer? The process may take up to two weeks. Find out more about what to expect and how to track the transfer’s progress.

Sending and receiving money using Zelle can be a convenient way to pay. Learn what your financial institution’s Zelle limits are.

Your bank may charge you monthly maintenance fees, ATM fees and other charges for using your checking account. Find out how to get around them.

Axos Bank is an online bank known for offering a high-yield checking account. The bank also offers a range of loan and investing products.

With nearly 5,000 branches across the country, Chase Bank offers checking and savings accounts, credit cards, mortgages, auto financing, and more.

Citibank has a variety of offerings including checking, savings, CDs, mortgage loans, personal loans, and small business offerings.

A three-month CD is the shortest term typically offered by financial institutions. CDs allow personal and business customers to maximize returns in exchange for locking savings away for a specific period of time. Just remember, if you need to withdraw funds early, penalties may apply.

Discover Bank offers low-to-no-fee banking services and competitive interest rates on many deposit products. Learn more to see if it’s the right bank for you.

If you’re looking for a jumbo CD, there are some options for locking in a fairly high rate — as long as you meet the minimum deposit.

Discover the ins and outs of banking with PNC - from its range of services to customer satisfaction, delve into our comprehensive review for an insightful look into what makes PNC Bank stand out in the financial world.

Citizens Bank offers savings accounts, MMAs, CDs and a variety of small business products.

SoFi, short for Social Finance, is a leading financial services company that provides a range of innovative solutions to customers.

Should you use a debit card or a credit card for purchases? We compare the pros and cons of each to determine which is right for you.

Compare different banking and saving options with Marcus vs. SoFi to see which bank is right for you.

Bank of America has approximately 3,900 retail financial centers and 15,000 ATMs across the country.

An emergency fund is a stash of money you save for emergencies only. Find out why you need a fund for emergencies and where you should open an account.

If you're not a U.S. citizen, here are the steps you need to take to open a bank account.