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
TD Bank Review: Checking Accounts
The TD Simple, Convenience and Beyond checking accounts differ in perks, monthly fees, interest and sign-up bonuses.
Wells Fargo Overdraft Fees and Policies
The standard overdraft fee of $35 can be charged three times daily. You can avoid or lower costs by skipping the debit card overdraft service or by linking accounts for transfers.
Checking vs. Savings Account: The Difference and How to Choose
Checking accounts are best for spending money. Savings accounts have higher interest rates, so they're best for stashing cash.
Bounced Check: The True Costs and What You Can Do
Bounced checks can mean fees and even criminal charges. Contact both the recipient and bank and try to pay quickly.
Emergency Fund Calculator: How Much Will Protect You?
Aim to save three to six months' worth of expenses in your emergency fund.
The Best Places to Save Money and Earn Interest
Reap a higher return by stashing your cash in a high-yield savings or checking account or a CD ladder.
How Long It Takes a Check to Clear
A personal check typically clears within two business days. Some banks can clear them faster.
Types of Savings Accounts: Where to Stow Your Cash
The three main ones are regular savings accounts, money market accounts and CDs.
The Glass-Steagall Act: What It Is and Why It Matters
The Glass-Steagall Act of 1933, which has been partially repealed, prevented commercial banks from making risky investments with customer deposits.
Lost Money Order? How to Cancel It and Get Your Cash
To cancel a money order, contact the issuer, provide details, attach a copy of the receipt, submit the cancellation form and pay a fee.