Banking

Bank Bonuses Funded My Christmas Shopping This Year

How one Nerd paid for all of her holiday expenses with bank bonuses, and how you might do the same.

How I Chased Savings Rates at the Same Bank

Opening a high-yield savings account was easy, but maintaining a high rate took more effort than expected.

Why I Stayed with the Same Mediocre Big Bank for 10-Plus Years

The inconvenience of switching banks shouldn’t outweigh the benefits you can receive from somewhere new.

I’m a Banking Nerd: 4 Rules I Follow Before Moving My Savings

Don’t chase perfection, but do try to seek out better savings options.

What Savers Should Do After the Fed’s First Rate Cut in 2025

Borrowing costs will likely drop but so will savings rates.

Bank of America Checking Account Bonus: Your Choice of Account and a Fair Reward

The Bank of America checking bonus is an up to $500 cash offer for new customers opening an eligible account and meeting direct deposit and other requirements.

PNC High-Yield Savings Account Interest Rate: How It Compares

PNC’s high-yield account — available in select markets — earns higher rates than accounts at other national banks.

Survey: Banking Misconceptions are Commonplace

A NerdWallet survey finds that some Americans believe these common banking myths. Here’s what you need to know.

Banks That Don’t Use — or Will Look Past — ChexSystems

If you’ve been denied a bank account because of a ChexSystems record, consider these institutions.

Bread Savings CD Rates 2026: Wide Range of Terms and Competitive APYs

The online bank Bread Savings has high yields on short- and long-term CDs, but the minimum deposit is somewhat steep.

Survey: Most Parents Teach Their Kids About Saving Money

A NerdWallet survey finds that most parents have taken steps to teach their kids about saving money. Here’s how.

2025 Savings Report

Many are saving money in a bank account each month, but some working Americans (23%) aren’t sure how much they’re putting away, according to a new NerdWallet survey.

If the CFPB Can’t Help You, Here’s How You Can Help Yourself

We don’t know what the status of the CFPB will be tomorrow. Here’s how to protect your bank accounts going forward.

As Others Abandon Climate Initiatives, These Banks Focus on Clean Energy

Climate-focused banks and credit unions divest from fossil fuels to create financing for clean energy.

What Is a Commercial Bank?

What Is Direct Deposit?

Direct deposit is an electronic payment to a bank account that is typically sent by an employer or the government.

Savings Rates Stay Strong Despite Dips: A 2024 Recap and What’s Next for 2025

There may be gradual rate reductions, but you can still earn meaningful interest in a high-yield account.

2024 State of Banking Report

NerdWallet’s latest banking survey finds that some Americans opened new savings accounts in the past 12 months, with higher interest rates being a top motivator for doing so.

MoneyPass ATMs Near Me: How to Find Them

The MoneyPass network offers about 40,000 ATMs to consumers throughout the U.S., usually through online banks.

Are You Saving Money in the Right Place?

The best place to save money depends on your financial goals and preferences. Also consider how long you want to save.