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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 traveling to the next spot on her bucket list. She previously worked at Fortune, Forbes and the Reno Gazette-Journal. Email: [email protected] Twitter: https://twitter.com/crbessette

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Posts by Chanelle Bessette:

How to Cash a Check Without a Bank Account

Chanelle Bessette
Feb. 24, 2021

A bank account can be an important component of your financial toolkit, but there are ways to work around not having one for certain tasks. If you don’t have a…

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Get Your Bank Accounts in Order With These 2021 Resolutions

Chanelle Bessette
Jan. 28, 2021

Though the year is well underway, it’s never too late to set new goals, whether you want to do 100 push-ups a day or try meatless Mondays. If you want…

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These Savings Accounts Give You a Chance to Win Cash

Chanelle Bessette
Jan. 22, 2021

When Wesley Villafane, a health care worker from San Francisco, decided to open a prize-linked savings account, he was just trying to find a better way to get his money…

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Understanding the Parts of a Check

Chanelle Bessette
Jan. 12, 2021

Though checks are being used less frequently in the digital age of payment apps and automated bill pay, they can still be a handy method of making official payments or…

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Losing Your Simple Account? Some Alternatives Worth a Look

Chanelle Bessette
Jan. 12, 2021

The Jan. 7 announcement that online banking service Simple would be shutting down led some customers to express dismay on social media over losing beloved app features. The closure means…

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Simple, the Popular Banking Service, Is Shutting Down

Chanelle Bessette
Jan. 7, 2021

After more than a decade in business, online banking service Simple is shutting down. News reached customers by email Thursday that their bank accounts under the Simple banner will soon be…

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GettyImages-1210336346-are-you-saving-money-in-the-right-place

Are You Saving Money in the Right Place?

Chanelle Bessette
Oct. 21, 2020

If you’re working toward a savings goal, you have a lot of options for where you can put away your cash. Savings accounts, certificates of deposit, money market accounts, cash…

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Cash Management Accounts vs. Brokerage Accounts: How They Compare

Cash Management Accounts vs. Brokerage Accounts: How They Compare

Chanelle Bessette
Oct. 5, 2020

If you’re interested in the stock market, chances are you’ve heard of brokerages like Wealthfront, SoFi Money and Robinhood. And over the past year or two, more of these firms…

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Are Cash Management Accounts Safe? How CMAs Protect Your Money

Are Cash Management Accounts Safe? How CMAs Protect Your Money

Chanelle Bessette
Sept. 23, 2020

Cash management accounts are accounts offered by nonbank financial service providers that allow people to save and spend their cash. CMAs are usually found at brokerages, not chartered banks, which…

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When Can I Shred This Check? Answers for Online Banking

‘When Can I Shred This Check?’ and Other Online Banking FAQ

Chanelle Bessette
Sept. 19, 2020

As the COVID-19 pandemic leads banking customers to lean into online technology to manage their money, those trying online banking for the first time may find themselves with questions about…

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