What Is a Cash Management Account?
A cash management account (CMA) is an account that combines the services and features of checking, savings and/or investment accounts under one product. CMAs are typically offered by robo-advisors, online…
Chanelle Bessette
Chanelle is a personal finance writer at NerdWallet covering banking. When she isn't finding the best interest rates, she can be found hiking around Lake Tahoe or seeing the latest movies at the theater. She previously worked at Fortune, Forbes and the Reno Gazette-Journal.
Posts by Chanelle Bessette:
Southwest Cards Boost Their Sign-Up Bonuses to 60K Points (Limited Time)
Southwest has launched a new limited-time sign-up bonus for all three of its co-branded consumer credit cards with Chase. For the Southwest Rapid Rewards® Plus Credit Card, the Southwest Rapid Rewards® Premier Credit Card…
5 Things to Know About the Hilton Honors AmEx Business Card
If you’re a small-business owner who’s loyal to the Hilton brand, The Hilton Honors American Express Business Card offers some solid benefits — and potentially some ways to earn stays for your next…
How One Couple Made the Switch to an Online Savings Account
If you’ve been considering making the jump to an online bank, here’s a reason to do it now: A recent Federal Reserve rate increase may prod banks to give their…
United Explorer Hikes Potential Sign-Up Bonus to 60,000 Miles (Limited Time)
» This offer has expired The offer described in this article expired on May 16, 2019. See our details page on the United℠ Explorer Card for the current offer. If you’ve…
How to Deposit Cash in an ATM
Keeping your money in a bank account — as opposed to under your mattress — provides the protection of federal insurance and the benefit of earning interest, but you don’t…
How Much the Wrong Savings Account Cost You in 2018
With some of the top online banks and credit unions offering interest rates around 2%, keeping money in an old-fashioned bank with a tiny savings rate isn’t much better than…
How to Stop Scammers Who Sound Just Like Your Bank
If you ever get a call from someone claiming to be a customer service agent at your bank, pump the brakes before answering any questions — even if they have…
PurePoint Financial Review: Savings and CDs
The bottom line Though its minimum opening deposit requirement is high, PurePoint Financial provides high APYs, as well as FDIC insurance, for its savings accounts and CDs. The bank…
For Better Savings Returns, Bail on Your Big Bank
Alternatives to big banks are offering some of the best deposit account interest rates consumers have seen in years. And they’ve made checking accounts, savings accounts and certificates of deposit…
