Margarette Burnette is a NerdWallet authority on savings, who has been writing about bank accounts since before the Great Recession. Her work has been featured in The Associated Press, USA Today and other major newspapers. Before joining NerdWallet, Margarette was a freelance journalist with bylines in magazines such as Good Housekeeping, Black Enterprise and Parenting. She is based near Atlanta, Georgia.
- Education: B.S. in business administration from University of North Carolina at Chapel Hill
Margarette has also nerded out in...
The Associated Press, The Washington Post, Los Angeles Times
The latest from Margarette
How to Set Up Direct Deposit
Get a direct deposit form from your employer, fill it in, attach a check or deposit slip, then submit it.
How to Fill Out a Money Order Step-by-Step
Fill in the recipient and your address; for bills, include an account number; sign it; keep proof of payment.
Money Market vs. CD: What’s Better?
CDs have higher rates but offer less access to your money than MMAs.
What Is a Bank Statement?
A bank statement is a monthly document that shows a summary of the money that goes in and out of your accounts. Check for errors, fees and any interest earned.
Is Online Banking Safe? How to Boost Your Banking Security
To increase online banking safety, use secure networks, create strong passwords and choose a bank or credit union that has industry-standard security technology.
What Are Senior Checking Accounts?
A senior checking account is essentially a regular checking account that may offer features such as free checks and lower monthly fees.
Cashier’s Check vs. Money Order: How to Decide
Cashier's checks cost more, but let you send more money. Money orders are cheaper and easier to buy, especially if you don't have a checking account.
How Overdraft Protection Transfers Work
Overdraft protection transfers allow your transactions to go through even if you overdraw your checking account.
How to Cash a Check (And Save on Fees)
Major retailers, or the payer’s bank or credit union, can cash a check for a small fee. But the better option is your own financial institution.
Emergency Fund: What It Is and Why It Matters
Best kept in a savings account, an emergency fund is useful for unexpected expenses.
What Is a Money Market Account?
Money market accounts pay rates similar to savings accounts and have some checking features.