3 ways to deposit cash into someone else’s account
Depositing cash into someone’s account isn’t always possible, but there are options.
Karen Bennett is a senior consumer banking reporter at Bankrate. Her expertise lies in finding the best savings accounts, checking accounts and CDs, as well as all things personal finance. She also writes about home lending, including mortgages, refinancing and home equity. She’s been a reporter at Bankrate since 2021, and she holds a master’s degree in Journalism and a bachelor’s degree in English.
Karen’s writing experience spans topics including bank accounts, saving money, budgeting, and credit cards, and homeownership. She also spent time as a writer of product reviews and a reporter for local newspapers in Chicago, Milwaukee and Washington, D.C. In addition, she worked for over a decade as a writer and product manager for CoolSavings, a website devoted to saving money on groceries, travel and other products.
Karen stays on top of the latest in banking and mortgages. Topics she writes about for Bankrate include how to choose the best high-yield savings account, ways to protect yourself from bank fraud and how to lower your mortgage payment.
On the personal finance front, Karen has covered topics such as progress for women in banking.
When she’s not working, Karen enjoys working on her novel, as well as reading, cooking, traveling and spending time with her family.
The pillars of smart money management include having an emergency fund in a high-yield savings account, paying down debt, following a budget and living within your means.
— Karen Bennett
Depositing cash into someone’s account isn’t always possible, but there are options.
Americans are growing more pessimistic about their finances amid inflation and job worries.
A one-year CD can be a safe and worthwhile option, especially turning to high-yielding online banks or credit unions.
If you have $10,000 to invest in a CD right now, here’s how much you could earn.
A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Applicants sometimes have past problems such as an unpaid negative balance [...]
Now that the U.S. Mint is done producing pennies, what happens to consumer prices?
Here’s how these two bank fees compare and how to best avoid them.
Consider these four factors when choosing the right high-yield savings account.
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