Karen Bennett
- Banking
- Personal finance
- Credit cards
- Bachelor’s degree in English, University of Illinois
- Master’s degree in journalism, Columbia College Chicago
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.
Karen's latest articles
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Top CD rates today: October 21, 2024 | Earn yields of up to 5.10% APY
Read up on leading CD rates today and the impact of economic trends on your savings. Bankrate can help you choose the right CD offer to maximize your savings potential.
7 min read Oct 21, 2024 -
Guide to checking account terminology
Learn about common checking terms, from bounced checks to outstanding checks.
4 min read Oct 21, 2024 -
Survey: ATM fees hit record high while overdraft and NSF fees fell sharply
Convenient access to your cash often comes at a price — and sometimes it’s a very high one.
8 min read Oct 21, 2024 -
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Banks that have cut or eliminated overdraft fees
Banks are cutting overdraft fees in response to consumers and regulators’ demands.
9 min read Oct 18, 2024 -
7 banks that offer free checking accounts (or easily avoidable fees)
There’s no need to pay for a checking account when many banks offer free checking.
4 min read Oct 18, 2024
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Financial planning for singles: 7 top tips for 2022
Single people face both challenges and advantages of handling finances solo.
9 min read Oct 21, 2024 -
What is a bank statement?
Knowing how to read your bank account statement can nip problems in the bud. Here’s our guide.
4 min read Oct 21, 2024 -
Business checking vs. personal checking: How they compare
Here’s what you need to know if you’re considering a switch to business checking.
3 min read Oct 21, 2024 -
What is the average interest rate for savings accounts?
Comparing savings rates can ensure you get the best return on your savings.
3 min read Oct 18, 2024 -
Can you spend from a savings account?
There are ways to access your money and ultimately spend it. Here’s how.
4 min read Aug 17, 2024 -
How to join a credit union: Here’s what to do to become a member
Here’s what you need to do to become a credit union member.
3 min read Jul 11, 2024 -
What to do if a bank rejects you for a checking account
Your banking past has come back to haunt you. Here’s how to ask for a second chance.
3 min read May 02, 2024 -
APY vs. interest rate: What’s the difference and why it matters
Here’s the difference between APY and interest rate.
4 min read Mar 04, 2024