These Savings Accounts Give You a Chance to Win Cash
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…
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
Posts by Chanelle Bessette:
Understanding the Parts of a Check
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…
Losing Your Simple Account? Some Alternatives Worth a Look
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…
Simple, the Popular Banking Service, Is Shutting Down
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…
Are You Saving Money in the Right Place?
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…
Cash Management Accounts vs. Brokerage Accounts: How They Compare
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…
Are Cash Management Accounts Safe? How CMAs Protect Your Money
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…
‘When Can I Shred This Check?’ and Other Online Banking FAQ
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…
Fidelity Review: Online Cash Management Account
The Fidelity Cash Management account is technically a brokerage account, which means it’s not a bank account and doesn’t have the same regulations or offerings (like a savings account) that…
Robinhood Cash Management Review
Robinhood Cash Management is a feature of Robinhood’s brokerage account and an opportunity to earn a solid APY on your cash. Like other cash management products, Robinhood Cash Management is not a…
