How to open a savings account: 6 steps to take
Ready to open a savings account? Here’s what you’ll need to know.
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.
Ready to open a savings account? Here’s what you’ll need to know.
Explore the top CD rates today to maximize your savings.
Explore the top CD rates today to maximize your savings.
Explore the top CD rates today to maximize your savings.
Opening a bank account you may need to close soon? Don’t pay a fee for that.
You can spend less on reorders and still have the security features you need.
Let’s look at several online banks and credit unions that let you deposit cash.
These popular banks are available to speak with customers around-the-clock.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Here are some places to look for a source of funds.
Comparing savings rates can ensure you get the best return on your savings.
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These accounts sound similar, but there are some key differences to know.
Here’s the difference between APY and interest rate.
The advice is really simple, but reaching the goal is more challenging than it sounds.