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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.
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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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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.
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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

Easy mornings and working from home for this couple
Savings yields topping inflation could let you hold onto your purchasing power.
Woman looking at phone
If you’re unsure whether you have an account you didn’t agree to open, take action now.
Man handing cloths to cashier
Overdraft protection can be a helpful and convenient tool to avoid paying a steeper overdraft fee.
Person frowning at a laptop screen with illustration of money in background
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
A man buys groceries with cash.
Here’s why you should avoid being underbanked and how to ensure that you aren’t.
Young woman pays for purchases in online store using banking service
Bank account bonuses are a great way to bring in new customers. Here’s how.
Personal banker instructs clients concerning online banking
A CD often earns a competitive, fixed rate. Here’s what to know before opening one.
Close-up photo of the front of the Federal Reserve in Washington, DC, with the name "Federal Reserve" below the bust of the eagle.
The Fed has kept interest rates steady so far in 2025, but that might change soon.
Easy mornings and working from home for this couple
Savings yields topping inflation could let you hold onto your purchasing power.
Close-up photo of the front of the Federal Reserve in Washington, DC, with the name "Federal Reserve" below the bust of the eagle.
The Fed has kept interest rates steady so far in 2025, but that might change soon.
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.
Person frowning at a laptop screen with illustration of money in background
Sometimes paying an early withdrawal penalty on a CD isn’t a bad idea.
Personal banker instructs clients concerning online banking
A CD often earns a competitive, fixed rate. Here’s what to know before opening one.
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.
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.
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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 hands signing a check
Checks aren’t as ubiquitous as they once were, but you may still have to write one.
Writing on check
Compare prices on paper checks before you place your next order.
person on phone by computer looking at piece of paper
Here’s how these two bank fees compare and how to best avoid them.
Young woman withdrawing money using phone at the ATM machine on the street in Budapest in Hungary.
Here are simple steps to take to avoid paying checking account fees.
Bank of America at Times Square
Bank of America offers perks beyond basic banking, including museum passes, cash back deals and $300 new account bonuses.
A check-cashing store.
If you don’t have a bank account, check-cashing services offer access to your money, at a cost.
Older woman and child putting pennies in a jar
We all use our checking accounts for the basic purposes — direct deposit of our paychecks, paying monthly bills and making debit card purchases. And while usually you’re seeing money leave your checking [...]
Business owner talking on phone.
Here’s what you need to know if you’re considering a switch to business checking.