Banking

What Are Bump-Up CDs and Step-Up CDs?

These types of certificates of deposit allow for rate increases, but they differ in one big way.

Wells Fargo Ordered to Pay $3.7B for Array of Violations

The bank has been ordered to pay fines and consumer redress for "illegal conduct" across several business lines.

Most Banking Customers Use an App Despite Security Concerns

A new NerdWallet survey finds that 72% of banking customers use a mobile banking app, and some worry about hacking or losing their phones.

Fed Keeps Rate Steady in October 2026

The federal funds rate doesn't just affect banks. It has ripple effects on the price of consumer products such as credit cards, student loans and mortgages.

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.

Synchrony Bank CD Rates 2026: Competitive Plus Specialty CDs

Synchrony Bank has high CD rates and specialty CDs - including no-penalty and bump-up CDs - and no minimum opening requirements.

What the October 2026 Fed Rate Announcement Means for High-Yield Savings Accounts

With no change to the federal funds rate, the target range remains between 3.75% and 4.00%.

When and Why Should I Open a CD?

Certificates of deposit are having a moment, but they’re best for specific savings goals.

Overdraft Protection: What It Is and Different Types

Overdraft protection can help prevent overdraft fees through transfers, lines of credit, grace periods and more.

What Is the Federal Reserve?

The Federal Reserve is the U.S. central bank whose rate changes can indirectly affect your bank’s savings and loan rates.

What Is Regulation E and How Does It Impact Your Bank Account?

Regulation E protects consumers if an unauthorized or incorrect transaction is made to or from their bank account.

Low Interest Rates, High Inflation Impact How Americans Save

Nearly 4 in 5 have reallocated savings, according to NerdWallet's 2022 Banking Report.

Citibank Bonuses for Checking: Up to $1,500

The Citibank promotions offer decent sign-up bonuses, but you’ll have to make steep deposits to earn your cash award.

What Is a Deposit?

A deposit is the money you entrust to a financial institution for safekeeping.

What Is Offshore Banking?

Offshore bank accounts are accounts that exist outside of your home country.

22% of Savers Opened Online Savings Account Amid Pandemic

How to Insure Your Money When You’re Banking Over $250K

The FDIC insures $250,000 per depositor, per institution and per ownership category. Learn how to protect your money if you have more than that.

Multicurrency Accounts: Why They Work for Life Abroad

A multicurrency account lets you spend and hold different currencies to make managing life or work abroad easier.

What Bank Is Best for You? Take Our 2026 Quiz to Find Out

Get a recommendation by answering a few questions.

Survey: Most Like Their Bank; What To Seek if You Don’t