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Banking

From savings account details to bank reviews, economic insights and more — Bankrate offers valuable information and advice for you.

Explore banking basics

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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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Experts in all things banking

Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.

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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Banking data studies

Money next to flashing sirens
New Bankrate data shows many Americans are slowly making progress on their savings.
Piggy bank with doctors equipment. Cute and comical
A mid-year checkup is the most effective way to ensure my finances are on track.
And elderly couple discussing HYSA options
Two-thirds of American savers say they’re earning rates below 4% APY. Here’s why.

Featured by names you know and trust

Latest articles

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Your bank accounts have two separate balances: the current balance and the available balance. Here’s the distinction.
A jogger runs past CFPB building
Here’s how the Consumer Financial Protection Bureau works to keep consumers safe.
Woman at laptop
Planning for retirement? Here’s what you need to know about IRA CDs.
Fed Chair Powell Holds News Conference Following FOMC Rate Decision
This Fed communication tool is important, but be cautious when interpreting it.
Spend money, pay bills, write checks or make fund transfers with a checking account.
Piggy bank with cash overflowing
Walk away with stacks of cash just for opening a checking or savings account.
Jerome Powell, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting.
Uncertainty over President Donald Trump’s policies is keeping the Fed on the sidelines, at least for now.
Federal Reserve Eccles Building illustration
The key benchmark has been as high as 20 percent — and as low as 0 percent.
Older couple on a couch, smiling, looking at a laptop
Verizon and Openbank announced a partnership on Tuesday that gives Verizon customers a way to save money on their bill if they have an Openbank High Yield Savings account. Verizon customers can save money [...]
illustration of hammer with box with red health cross sign on it and a stack of cash
Emergency savings depleted? Here’s how to start replenishing it.
Woman sitting on her couch, looking at her laptop
There are a handful of numbers you should track for your financial health and well-being. A few you might already know about – your credit score and your net worth, for example. But you should also know [...]
Two happy people looking at sheets of paper
As the old saying goes: What goes up, must come down. But in the case of annual percentage yields (APYs), we might have a bit more air time. While APYs on deposit accounts may have come down from their [...]
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.
comical illustration of money being injected via medial equipment
Here’s what you need to know about tapping into your emergency fund.
After facing a rent increase, I’m moving to Washington, D.C. to save $24,000 over two years.
Financial manager meeting with couple in bank branch office
Get the latest rates on top-yielding money market accounts.
Tortoise turns 100 years old.
The 100-year CD targets investors with philanthropic or generational-wealth goals.
Shot of a young businesswoman using a digital tablet outside of an office
Learn how you can lose money on a CD.
woman working on a laptop
CDs can be a useful tool to save, but make sure to shop around for the right kind and bank for you.
A woman does research online.
These CD specials help you earn more money on interest without taking on risk.
Woman doing financial paperwork
Better to let a CD automatically renew or cash it in? Here’s a guide for those looking to renew.
man working on tax forms with calculator
Looking to score more tax deductions? IRA CDs might be for you.
Coworkers discussing project and having work meeting
Here are differences between CDs and share certificates, and which one to choose.
CD rates forecast for 2024
You can find a CD account that significantly out-earns the national average if you shop around among banks.
Business women discussing project at table in modern office
Business money market accounts offer higher yields while maintaining access to funds.
Man working on laptop and drinking coffee
Money market funds are available from several different brokers and fund managers.
man and woman working together at a computer in an office
Find the right business savings account to help your company’s money grow.
Person working at table with computer, drinking coffee and looking at smartphone
Learn why you need to check your APY.
couple with bank worker
Many of these banks offer low-fee accounts and higher yields than some of the biggest banks.
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.
A man researches on a tablet.
CDs and MMAs can pay competitive rates, but they have different drawbacks and benefits.
woman doing headstand
Your bank accounts have two separate balances: the current balance and the available balance. Here’s the distinction.
Spend money, pay bills, write checks or make fund transfers with a checking account.
Electronic checks (eChecks) offer a digital alternative to traditional paper checks, allowing you to make payments directly from your checking account online. Learn how eChecks work, when to use them, [...]
man signing a check
That string of numbers at the bottom of your check is really important. Find out why.
Young smiling woman using mobile phone while working on a laptop at a cafe
Mobile apps make managing your money a snap and mobile alerts can help protect it.
A young man uses an ATM.
Over time, ATM fees have climbed. Here’s what you need to know.
Family looking at their finances.
Early access to direct deposited funds can make managing your budget a bit easier.
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.