Banking
From savings account details to bank reviews, economic insights and more — Bankrate offers valuable information and advice for you.
Explore banking basics
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How to open a certificate of deposit (CD)
Banking
Everything you need to know about opening an account.
![Woman sitting outside of restaurant looking at cell phone](https://www.bankrate.com/2022/02/15095640/How-to-save-money-from-scratch.jpg?auto=webp&optimize=high&crop=16:9&width=320)
How to start saving (even if you’re starting from scratch)
Banking
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
![Two millenial friends using mobile phone.](https://www.bankrate.com/brp/2023/11/20014206/How-to-transfer-money-from-one-bank-to-another.jpg?auto=webp&optimize=high&crop=16:9&width=320)
How to transfer money from one bank to another: 4 ways
Banking
Keep fees in check when you shift money from one bank account to another.
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Editor's picks
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Experts in all things banking
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About Bankrate![Greg McBride](https://www.bankrate.com/f/102997/284x296/e82ff353b1/br-expert-greg.png?auto=webp&optimize=high)
Chief Financial Analyst
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Principal U.S. Economy Reporter
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Senior Economic Analyst
Banking data studies
![Money next to flashing sirens](https://www.bankrate.com/2023/02/15173759/Banking-Emergency-Savings-Survey.jpg?auto=webp&optimize=high&crop=16:9&width=320)
New Bankrate data shows many Americans are slowly making progress on their savings.
![Piggy bank with doctors equipment. Cute and comical](https://www.bankrate.com/brp/2024/07/12173049/Banking_FHE_Why_Im_scheduling_a_mid_year_financial_checkup_with_myself_and_how_Im_doing_it.jpg?auto=webp&optimize=high&crop=16:9&width=320)
I’m a personal finance reporter — here’s how I did a mid-year financial checkup in under an hour
Banking
A mid-year checkup is the most effective way to ensure my finances are on track.
![And elderly couple discussing HYSA options](https://www.bankrate.com/2024/03/13131722/Deposits_March_FSP_High_yield_Savings.jpg?auto=webp&optimize=high&crop=16:9&width=320)
Two-thirds of American savers say they’re earning rates below 4% APY. Here’s why.
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Follow these tips for the lowest fees and highest rates when opening an account.
![FDIC building](https://www.bankrate.com/2020/09/16180127/what-happens-when-a-bank-fails.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
You may be concerned about your bank in light of recent events. Here’s what you need to know.
![Man using laptop in kitchen](https://www.bankrate.com/2024/04/06134724/GettyImages-1915378308-1.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Consider these four factors when choosing the right high-yield savings account.
![A young man researches in the library.](https://www.bankrate.com/2020/04/14130045/how-do-cds-work.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
CDs hold your funds for a set period. In exchange, you get a reliable return.
![man sitting at outdoor cafe table and looking at his phone](https://www.bankrate.com/2022/04/01130721/7-key-benefits-of-mobile-banking-in-2022.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Mobile banking apps aren’t just trendy, they can help you better manage your money.
![Woman frowning at a laptop screen](https://www.bankrate.com/2023/08/29122606/Deposits_Heres-when-an-early-withdrawal-from-a-CD-is-worth-it.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
![person looking at computer screen in home](https://www.bankrate.com/brp/2025/02/17104443/GettyImages-Yiu-Yu-Hoi.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Start saving today with these saving accounts with no minimum deposit required.
![A woman works on her laptop.](https://www.bankrate.com/2021/03/02171853/what-is-a-savings-account.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Here’s everything you need to know about savings accounts.
![person looking at computer screen in home](https://www.bankrate.com/brp/2025/02/17104443/GettyImages-Yiu-Yu-Hoi.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Start saving today with these saving accounts with no minimum deposit required.
![A woman works on her laptop.](https://www.bankrate.com/2021/03/02171853/what-is-a-savings-account.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Here’s everything you need to know about savings accounts.
![A woman does her budgeting.](https://www.bankrate.com/2020/10/12150537/save-per-month.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
The amount of money you should save each month will vary based on your goals. Here’s what to know.
![Financial manager meeting with couple in bank branch office](https://www.bankrate.com/brp/2024/05/31124754/Deposits-Average-money-market-account-interest-rate.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Get the latest rates on top-yielding money market accounts.
![Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank](https://www.bankrate.com/2023/08/05141131/What-is-the-average-interest-rate-for-savings-accounts_.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Comparing savings rates can ensure you get the best return on your savings.
![Money next to flashing sirens](https://www.bankrate.com/2023/02/15173759/Banking-Emergency-Savings-Survey.jpg?auto=webp&optimize=high&crop=1:1&width=356)
New Bankrate data shows many Americans are slowly making progress on their savings.
![Person imagining a piggy bank made out of cash.](https://www.bankrate.com/2023/06/05141350/Banking_How-to-open-a-savings-account_-Savings-account-basics.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Ready to open a savings account? Here’s what you’ll need to know.
![man taking money out of a wallet](https://www.bankrate.com/2022/09/19110052/ways-to-save-extra-100-dollars.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Here’s how to save an extra $100 monthly with simple changes.
![A young man researches in the library.](https://www.bankrate.com/2020/04/14130045/how-do-cds-work.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
CDs hold your funds for a set period. In exchange, you get a reliable return.
![Woman frowning at a laptop screen](https://www.bankrate.com/2023/08/29122606/Deposits_Heres-when-an-early-withdrawal-from-a-CD-is-worth-it.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
![Woman watering plants.](https://www.bankrate.com/2024/03/20194528/Current_CD_rates.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
![A graph showing an upward trend from 2025 to 2026. The trendline is made of cash](https://www.bankrate.com/brp/2024/05/13101357/Deposits-Heres-how-much-investing-10000-in-CD-right-now-could-earn-you-in-1-year.jpg?auto=webp&optimize=high&crop=1:1&width=356)
If you have $10,000 to invest in a CD right now, here’s how much you could earn.
![Clocks are displayed across an image of a dollar bill.](https://www.bankrate.com/2019/10/21132521/historical-cd-rates.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Take a look at the days when CDs were offering investors double-digit returns.
![Woman with glasses in front of a computer with her hand by her head, looking worried.](https://www.bankrate.com/brp/2025/01/31132409/missed-cd-maturity-date-1.jpg?auto=webp&optimize=high&crop=1:1&width=356)
It’s important to weigh your options after missing your CD’s maturity date.
![Couple looking at laptop while sitting on sofa at home](https://www.bankrate.com/brp/2024/09/16144258/5-cds-to-consider-before-a-fed-rate-cut.jpg?auto=webp&optimize=high&crop=1:1&width=356)
As the Fed is cutting interest rates, consider these certificates of deposit (CDs)
![Cropped shot of a businessman using his computer in his home office](https://www.bankrate.com/brp/2024/10/04113118/which-cd-term-is-best-in-a-lower-rate-environment.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Find out which CD term is best for your financial goals in a lower rate environment.
![woman at ATM](https://www.bankrate.com/2022/01/03120505/Untitled-15.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Our picks provide customers with almost everything they need to bank in the branch, at home or on the road.
![Savings account and money market rate forecast](https://www.bankrate.com/2024/01/01230300/Central-savings-money-market-account-rate-forecast.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Expect savings and money market account yields to slide lower, but they still should outpace inflation.
![People walking past an HSBC Bank](https://www.bankrate.com/2018/01/17142209/what-are-the-different-types-of-banks.jpg?auto=webp&optimize=high&crop=1:1&width=356)
These four types of bank accounts can help you meet your financial goals.
![Man in home office online banking](https://www.bankrate.com/2019/05/09133444/11-Ways-to-bank-smarter.jpg?auto=webp&optimize=high&crop=1:1&width=356)
These tips can help you manage your money more wisely and make you a bit richer.
![nonprofit workers sorting donations](https://www.bankrate.com/2022/08/30102644/Best-banks-for-nonprofits.jpg?auto=webp&optimize=high&crop=1:1&width=356)
These banks are good choices for nonprofits. Here’s how to find one that serves your organization well
![Woman in office](https://www.bankrate.com/2022/02/01165632/How-to-set-your-investment-goals.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Learn how to set your investment goals and discover which types of investments may make sense for each one.
![Woman reading folder at desk in living room](https://www.bankrate.com/2020/11/27093957/3-ways-savers-should-handle-falling-interest-rates.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Here’s how to respond to lower rates if you’re in the market for a CD or savings account.
![Envelopes](https://www.bankrate.com/2020/04/21091850/ask-bankrate-hero.jpg?auto=webp&optimize=high&crop=1:1&width=356)
One Bankrate experts suggest deposit yields may be close to bottoming out.
![man sitting at outdoor cafe table and looking at his phone](https://www.bankrate.com/2022/04/01130721/7-key-benefits-of-mobile-banking-in-2022.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Mobile banking apps aren’t just trendy, they can help you better manage your money.
![](https://www.bankrate.com/2020/10/07103023/what-is-a-bank-statement1.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Knowing how to read your bank account statement can nip problems in the bud. Here’s our guide.
![close up of hands writing a check](https://www.bankrate.com/2022/04/20143133/5-ways-to-cash-a-check-without-a-bank-account.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Consumers without a bank account face hurdles when trying to cash a check.
![Pedestrians walking by TD Bank](https://www.bankrate.com/2018/04/12150226/how-many-bank-accounts-do-you-need.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Learn about the benefits of having multiple bank accounts and what to look for.
![person looking at computer while sitting on balcony](https://www.bankrate.com/brp/2025/02/04143046/Looking-computer.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Finding the account of your dreams comes down to knowing what you want and the features you value most.
![Male friends walk on a college campus.](https://www.bankrate.com/2020/05/11173927/Best-student-checking-accounts.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Here are top accounts for features like ATM fee waivers, overdraft forgiveness and more.
![Women using tablet](https://www.bankrate.com/2020/05/19152145/online-checking.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Online checking accounts stand out for different features. Here’s our top picks.
![Person using credit card at laptop](https://www.bankrate.com/2023/03/16120246/GettyImages-1215383987.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Here’s what you need to know about interest checking accounts.