Banks that have cut or eliminated overdraft fees
Banks are cutting overdraft fees in response to consumers and regulators’ demands.
9 min read
Oct 04, 2024
Karen Bennett
Senior consumer banking reporter
EXPERTISE
- Banking
- Personal finance
- Credit cards
EDUCATION
- Bachelor’s degree in English, University of Illinois
- Master’s degree in journalism, Columbia College Chicago
Karen Bennett is a senior consumer banking reporter at Bankrate. She uses her finance writing background to help readers learn more about savings and checking accounts, CDs, and other financial matters.
Karen brings decades of writing and reporting experience to the table, including the roles of credit cards writer for travel website Million Mile Secrets and money and career writer for The Cheat Sheet. Her work has also appeared in USA Today, Illinois Legal Times, and several Chicago, Milwaukee, and Washington, D.C. newspapers. In addition, she’s worked in the areas of marketing and business development, and she was product manager for a consumer money-saving website.
When she’s not writing Bankrate articles, she can often be found cheering her kids on at soccer games, cooking and reading up on saving for retirement and other personal finance topics.
Karen's latest articles
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Step-up CDs: What they are and how they work
Step-up CDs can help you potentially earn a higher rate of return later on.
5 min read Oct 04, 2024 -
Here’s how much investing $2,500 in a CD right now could earn you in 1 year
If you have $2,500 to invest in a CD right now, here’s how much you could earn.
3 min read Oct 02, 2024 -
The 6 best budgeting apps of 2024
The smartphone in your hand can help you better manage your money.
6 min read Sep 30, 2024 -
How to open a savings account for a baby or child
A savings account is a good tool for teaching children financial basics and responsibility.
6 min read Sep 30, 2024 -
What is a bank bailout?
A look at what a bank bailout is with some examples of notable bank bailouts from the past.
6 min read Sep 30, 2024 -
Short-term CD vs. long-term CD: Which is best for you?
CD terms can range from three months to five years. Learn which one is right for you.
6 min read Sep 30, 2024 -
CDs vs. bonds: How they compare and which is right for you
Consider these important factors before investing in bonds and CDs.
6 min read Sep 09, 2024
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What is the average interest rate for savings accounts?
Comparing savings rates can ensure you get the best return on your savings.
3 min read Nov 21, 2024 -
What to do if a bank rejects you for a checking account
Your banking past has come back to haunt you. Here’s how to ask for a second chance.
3 min read May 02, 2024 -
APY vs. interest rate: What’s the difference and why it matters
Here’s the difference between APY and interest rate.
4 min read Aug 31, 2023 -
What is a SWIFT code?
You’ll need a SWIFT code for international wire transfers. Here’s how to find one.
2 min read Aug 14, 2023 -
How to join a credit union: Here’s what to do to become a member
Here’s what you need to do to become a credit union member.
3 min read Jul 18, 2023 -
6 ways to manage finances with multiple income streams
These strategies will help you manage multiple income streams.
4 min read Jul 18, 2023 -
Saving money from your summer job: Top tips for students
These tips can help students maximize savings from their summer job earnings.
3 min read Jul 17, 2023 -
5 tips to make sure revenge spending doesn’t wreck your wallet
As you look ahead to opening your wallet again, consider these key tips for avoiding revenge spending.
4 min read Jul 12, 2023