Ruth Sarreal is a content management specialist covering consumer banking topics at NerdWallet. She has over a decade of experience writing and editing for consumer websites. She previously edited content on personal finance topics at GOBankingRates. Her work has been featured by Nasdaq, MSN, TheStreet and Yahoo Finance.
- Education: B.A. in English from The University of Texas at Austin, B.S. in Communication Studies from The University of Texas at Austin
- Previous experience: GOBankingRates
The latest from Ruth
APY vs. Interest Rate: What’s the Difference?
The terms are sometimes used interchangeably, but APY and interest rate are different thanks to compound interest.
BMO Alto Review: Savings and CDs
BMO Alto offers competitive savings and CD rates but lacks some features other banks have, such as a mobile app and mobile check deposit.
Average Rates for Deposit Accounts
These are the current national average rates for savings, interest checking, certificates of deposit and money market accounts.
What Are Basis Points? Definition, How to Use and How to Calculate
A basis point or bp is equivalent to 1/100 of a percent. Use it when you want to be precise in communicating changes in percentages.
What to Do When Bank-Run Panic Sweeps Social Media
A financial panic in the news might spur you to make unnecessary money moves. Learn what to do instead.
Native American-Owned Banks, Credit Unions: Where to Find Them
Native American-owned banks and credit unions focus on providing services and support to Indigenous communities.
Bethpage Federal Credit Union Review: Checking, Money Market and Certificates
Bethpage Federal Credit Union offers easy membership eligibility and above-average certificate rates, plus a free checking account that can earn interest.
What Is a Bank Run?
Bank runs have been in the news recently. Find out what they have to do with bank failures.
3 Common Banking Scams and How to Avoid Them
Bank fraud and scams abound; here’s what you can do to protect yourself and your bank accounts.
Self-Help Credit Union Review: Checking, Savings and CDs
Self-Help Credit Union offers an interest checking account and decent rates on savings, money market and certificate accounts. Most notably, it’s a socially responsible banking option.
Avoid 5 Banking Mistakes to Earn More Interest, Pay Less in Fees
You might not know you're making these common banking mistakes. Find out what they are and how to easily avoid them.
Does Closing a Bank Account Affect Your Credit?
Closing an account doesn't hurt your credit, but there are steps you should take to ensure your credit stays unaffected when you do so.
Liberty Bank Review: Checking, Savings and CDs
Liberty Banks offers a forgiving approach to overdrafts, but its interest rates are low.