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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.
Illustration of two hands holding phones, sending physical gold coins to one another.

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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Experts in all things banking

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Banking data studies

Money next to flashing sirens
Nearly 1 in 4 Americans have no emergency savings, according to a new Bankrate survey.
Over 1 in 4 workers are more worried about job security since 2025 began.
And elderly couple discussing HYSA options
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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U.S. consumers see inflation as the biggest threat to improving personal finances.
Federal Reserve Chair Jerome Powell speaks beside President Joe Biden after he was nominated for a second term
Soaring inflation is making it hard for the Fed to justify its aggressive policies.
Two young brothers bake cookies together.
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.
Capital One Bank will no longer charge overdraft fees starting in early 2022.
Cashier and customer wear face masks at a store during the pandemic
More than 3 in 5 Americans are worried about their incomes over the next six months.
Fed Chair Powell testifies before the Senate Banking Committee
The appointment gives Powell the chance to finish the U.S. central bank’s pandemic response.
Chef delivers food to a table outside during the pandemic.
A game of hiring musical chairs is afoot — and it doesn’t look like it’ll be stopping anytime soon.
An image of the Stretch app on a phone
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
Comparing savings rates can ensure you get the best return on your savings.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Woman using a banking app on her phone
Competitive rates, fewer fees, and convenience are all reasons to consider online banking.
A woman holds a phone at an office
Savers can stash their cash in a brokerage these days to rack up returns.
Person writing on a piece of paper
Here’s how to determine the amount to put in savings — and what to do with the rest.
A magnifying glass on top of a $100, magnifying Benjamin Franklin's face, and surrounded by other $100 bills.
As the Fed holds interest rates steady, savers still have time to lock in top rates.
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Compare the best high-yield savings rates as of Aug 8, 2025.
A smartphone being held in a person's had displays the words "Payment Failed" surrounded with a red background with an 'X' above.
Save more by zapping unwanted expenses with a ‘cancel everything’ mindset.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
woman using laptop in the kitchen
These tips can help maximize your savings using certificates of deposit.
A person researches on a laptop.
Learn when a CD is worth it, when it is not, and alternatives to consider in 2025.
A young man researches in the library.
CDs hold your funds for a set period. In exchange, you get a reliable return.
Taxes on CD interest aren’t always clear-cut. Here’s what you need to know.
Couple meeting with financial advisor
Jumbo CDs pay a higher yield than other CDs. Here’s what to know before opening one.
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Understanding what determines CD rates can help you decide whether to get one.
man working on tax forms with calculator
Looking to score more tax deductions? IRA CDs might be for you.
People walking past an HSBC Bank
These four types of bank accounts can help you meet your financial goals.
Ally Bank logo
Ally’s money market account offers a high APY, no minimum deposit or monthly fee.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
A young female researches on her phone.
Here’s the lowdown on no-penalty CDs, and how they differ from regular CDs.
Person looking at smartphone
The best account to save your money will vary by your goal.
Bank teller with customer
These credit unions offer great rates and top-notch features — and many make it easy to join.
Woman smiling at cash on a cloud
Lay away cash for an emergency or short-term goals with a money market mutual fund.
Man in home office online banking
These tips can help you manage your money more wisely and make you a bit richer.
close-up of a hand holding a cell phone
The person-to-person payment tool can allow for easy transactions to friends, family and more.
Woman putting a check in an envelope that says cancel
Follow these steps to stop a check in its tracks.
Woman using a cellphone near an ATM
Some brokerages offer checking to their investing clients. Here’s how they compare to a bank.
Person folds his hands in front of their face
A bank may deny you a checking account. Here is what you can do next.
Person using credit card at laptop
Here’s what you need to know about interest checking accounts.
Cash in gloved hand
Depositing cash into someone’s account isn’t always possible, but there are options.
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A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Those who apply for this account sometimes have past issues such as an unpaid [...]
Male friends walk on a college campus.
Here are top accounts for features like ATM fee waivers, overdraft forgiveness and more.