Banking
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How to open a certificate of deposit (CD)
Banking
Everything you need to know about opening an account.
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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.
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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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About Bankrate![Greg McBride](https://www.bankrate.com/f/102997/284x296/e82ff353b1/br-expert-greg.png?auto=webp&optimize=high)
Chief Financial Analyst
![Sarah Foster](https://www.bankrate.com/f/102997/284x296/7fb8678166/br-expert-sarah.png?auto=webp&optimize=high)
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)
If you’re struggling to pay off debt and build savings, you’re not alone.
![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.
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Two-thirds of American savers say they’re earning rates below 4% APY. Here’s why.
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Latest articles
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Soaring inflation is making it hard for the Fed to justify its aggressive policies.
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It’s easy to get caught up in the holiday spirit and overspend. Here are ways to avoid that trap.
![Two people are in front of a Capital One Bank.](https://www.bankrate.com/2021/12/01125029/Capital-One-eliminates-overdraft-fees.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Capital One Bank will no longer charge overdraft fees starting in early 2022.
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More than 3 in 5 Americans are worried about their incomes over the next six months.
![Holiday shoppers gather in Macy's for holiday shopping during the coronavirus pandemic.](https://www.bankrate.com/2021/11/24185158/5-tips-to-beat-inflation-holiday-shopping.png?auto=webp&optimize=high&crop=1:1&width=356)
Experts say it’s time to prepare now for an expensive gift-buying season.
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The appointment gives Powell the chance to finish the U.S. central bank’s pandemic response.
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A game of hiring musical chairs is afoot — and it doesn’t look like it’ll be stopping anytime soon.
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Here’s why this challenger bank sees a need and an opportunity to win over a demographic that the financial system has ignored.
![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.
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Get the latest rates on top-yielding money market accounts.
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Working as a freelancer requires a new approach to saving money. Here’s how.
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No matter your age, these tips can help you improve your financial situation.
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Whether you hope to buy a home or just rent for a while, a solid savings plan is the key to finally moving out of your parents’ house.
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Here’s how much $100,000 in a high-yield savings account can earn you.
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Here are some of the best savings accounts you can sign up for as a business owner.
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Impulse buying can drain your savings. Here are five tips for avoiding it to protect your money.
![A man does research on his laptop.](https://www.bankrate.com/2021/03/02173123/what-is-an-add-on-cd.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
Add-on CDs can offer more flexibility than a traditional CD.
![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.
![US dollar bills against blue background](https://www.bankrate.com/2021/09/28160419/Bump-up-CDs-what-they-are-how-they-work.jpg?auto=webp&optimize=high&crop=1:1&width=356)
If you think rates may rise again soon, a bump-up CD could be what you’re looking for.
![A large pile of cash next to a padlock](https://www.bankrate.com/2023/07/11154309/Deposits_Heres_how_much_100000_in_a_CD_could_earn_you_in_a_1_year.jpg?auto=webp&optimize=high&crop=1:1&width=356)
A one-year CD can be a safe and worthwhile option, especially turning to high-yielding online banks or credit unions.
![Elderly woman on laptop](https://www.bankrate.com/2021/08/24093332/How-much-money-should-you-keep-in-a-CD.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Some CDs require a minimum deposit of $100,000, but these accounts are not for everyone.
![cash folded into a piggy bank shape](https://www.bankrate.com/brp/2024/07/20170405/Deposits-Best-business-CD-rates-for-September-2024.jpg?auto=webp&optimize=high&crop=1:1&width=356)
These seven banks and credit unions offer competitive rates on CDs for businesses.
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There’s still time to lock in a high-yielding CD as the Fed suggests cutting rates.
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Certificates of deposit offer peace of mind, but they’re not without some drawbacks.
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Not sure how to get started investing with mutual funds? We’ll help you understand the basics.
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Money market funds are available from several different brokers and fund managers.
![Ally Bank logo](https://www.bankrate.com/2024/04/07120151/Deposits-Ally-money-market-account-rates-3.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
![Best compound interest investments](https://www.bankrate.com/2022/04/05140817/GettyImages-665950548.jpg?auto=webp&optimize=high&crop=1:1&width=356)
The name of the game with compound interest is time — the more of it you have, the bigger the payoff.
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Lay away cash for an emergency or short-term goals with a money market mutual fund.
![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.
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Expect savings and money market account yields to slide lower, but they still should outpace inflation
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Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.
![Man in coffee shop using laptop with a card in his hand.](https://www.bankrate.com/2020/09/11171556/Reg.E..jpeg?auto=webp&optimize=high&crop=1:1&width=356)
The rule provides a framework for settling unauthorized debit-card transactions.
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Here are easy actions you can take to avoid the fee of get it waived.
![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.
![Woman standing in front of an ATM](https://www.bankrate.com/brp/2024/08/21093308/Deposits-Annual-Checking-Account-and-ATM-Fee.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Withdrawing cash at an out-of-network ATM? Be prepared to pay more than ever.
![Hand touching buttons on a ATM keypad](https://www.bankrate.com/2022/08/29134643/Banking-Checking-Account-Survey.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Convenient access to your cash often comes at a price — and sometimes it’s a very high one.
![Woman using an ATM](https://www.bankrate.com/2022/08/08121053/Deposits_10_types_of_checking_accounts_SEO_Article.jpg?auto=webp&optimize=high&crop=1:1&width=356)
Not all checking accounts are created equal.
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Tired of paying fees? Here are seven ideas to get around paying them.
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Not paying fees and an easy way to bank should all be priorities. Here are some of our favorites.