How to Save More When Inflation Makes Your Money Count Less
When it comes to spending power, inflation means that things cost more and that your money becomes less valuable. When a period of high inflation hits — like right now…
Chanelle Bessette
Chanelle Bessette is a personal finance writer at NerdWallet covering banking. She previously worked at Fortune, Forbes and the Reno Gazette-Journal. She is also a spokesperson for the banking team, and her expertise has appeared in The New York Times, Vox and Apartment Therapy. Twitter: @crbessette.
Posts by Chanelle Bessette:
Varo vs. Chime: Which Is Better for You?
Varo and Chime have comparable offerings with a few key differences. Varo is a bank, and Chime is a neobank — an online-only financial service company that partners with a…
How to Go Green(er) With Sustainable Banking
This Earth Day, you may be wondering how you can reduce your negative impact on the planet. Where you spend and keep your money can affect the kinds of sustainability…
If Your Bank Merges, Should You Shop Around or Stay Put?
Bank mergers and acquisitions happen regularly and can lead to streamlined services and better offerings for consumers, but they can also sometimes create challenges like less access to branches or…
What Is Offshore Banking?
Offshore banking is simply another name for opening a bank account outside of your home country. It may be more challenging to open an offshore bank account than a domestic…
The Latest in Bank Overdraft Fee News
March 2022 – Huntington Bank Announces Overdraft Fee Reduction Starting July 2022 On March 8, Huntington Bank said it would be reducing its $36 overdraft fee to $15 beginning July…
Overdraft Fees: News, Key Terms and Resources
Banks charge overdraft fees when a customer makes a transaction that brings their account balance into the negative. Overdraft fees are typically in the range of $30-$35 per instance, and…
For Valentine’s Day, Couple Your Finances
When Alli Williams married her husband in 2019, she knew she would be marrying into about $150,000 of student loan debt. Now, a few years later, she and her husband…
AmEx Launches American Express Rewards Checking With 0.50% APY
American Express® announced today that it will be launching its first consumer checking account, American Express Rewards Checking. The account comes with a Annual Percentage Yield (APY) interest rate —…
Why Banks Are Eliminating Overdraft Fees
The average overdraft fee costs consumers $35 per infraction, which makes it an inconvenient and frustrating part of day-to-day banking for many people. But some major banks — Capital One,…
