Tony Armstrong leads the banking team at NerdWallet. He has covered personal finance for nearly a decade. Tony began his NerdWallet career as a writer and worked his way up to assistant assigning editor and then to lead assigning editor. His writing has been featured by the Los Angeles Times, MarketWatch, Mashable, Nasdaq.com, USA Today and VentureBeat. Tony lives in Minneapolis, Minnesota.
- Education: B.A. in English literature and creative writing from Macalester College
Tony has also nerded out in...
The Los Angeles Times, Mashable, Money, Nasdaq.com, USA Today, VentureBeat, U.S. News & World Report, MarketWatch
The latest from Tony
What Fed Rate Increases in 2023 Mean for CDs
Federal funds rate increases may lead to higher CD rates.
How to Avoid a CD Early Withdrawal Penalty
This penalty can cost several months’ to a year’s worth of interest earned.
Need Multiple Savings Accounts? Here’s Where to Bank
Online banks tend to have higher savings rates and lower fees than brick-and-mortar banks, making them good places to keep multiple savings accounts.
What to Do If an ATM Eats Your Deposit
Contact your bank immediately and provide deposit details (such as location and amount).
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The Glass-Steagall Act of 1933, which has been partially repealed, prevented commercial banks from making risky investments with customer deposits.