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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:
Cash App Money Transfer: What It Is, How to Use It

Cash App Money Transfer: What It Is, How to Use It

Chanelle Bessette
Jan. 8, 2020

As more people embrace the convenience of cashlessness, tech companies have made it easier to send and receive money instantaneously from a smartphone. One of these services, Cash App, has…

Read More
Zelle Money Transfer: What It Is, How to Use It

Zelle Money Transfer: What It Is, How to Use It

Chanelle Bessette
Jan. 3, 2020

In an increasingly cashless world, money transfer services have become more widely available, allowing you to send money — whether it’s a few bucks or thousands — to people in…

Read More
The High-Interest Account You’ve Never Heard Of

The High-Interest Account You’ve Never Heard Of

Chanelle Bessette
Dec. 17, 2019

The average interest rate for traditional savings accounts today hovers around — but consumers can earn 10 to 20 times more interest on their money by giving high-yield options a…

Read More
Cash Management Accounts vs. High-Yield Savings Accounts: How They Compare-story

Cash Management Accounts vs. High-Yield Savings Accounts: How They Compare

Chanelle Bessette
Dec. 11, 2019

Cash management accounts and high-yield savings accounts are both solid options for earning high interest on your cash in the short term. Their APYs usually fall within the range of…

Read More

Robinhood Rolls Out 1.80% APY Cash Management Account to First Customers

Chanelle Bessette
Dec. 11, 2019

A year after its first attempt to launch a bank-style account, brokerage app Robinhood announced today that it has begun to roll out its new cash management feature — which…

Read More
5 Best Alternatives to Traditional Savings Accounts

5 Best Alternatives to Traditional Savings Accounts

Chanelle Bessette
Dec. 2, 2020

If you’re looking for a place to stash your short- to medium-term savings — like your emergency fund or a down payment for your future house — and want a…

Read More
6 Best Cash Management Accounts

Best Cash Management Accounts

Chanelle Bessette
March 12, 2020

Cash management accounts, or cash accounts, could be a good option if you want to earn interest and use robust savings and checking features. Here are our top picks.

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Robinhood Takes Another Shot at Cash Management Accounts

Robinhood Takes Another Shot at Cash Management Accounts

Chanelle Bessette
Oct. 8, 2019

Brokerage app Robinhood announced Tuesday that it has launched a waitlist for the second take of its new cash management account product, this time with a 2.05% annual percentage yield. The company…

Read More
Save more money for your next vacation with this simple trick

Save More Money for Your Next Vacation With This Simple Trick

Chanelle Bessette
Aug. 28, 2019

With the summer travel season winding down, you might already be dreaming of a winter escape to a warm beach or a spring break getaway. No matter the destination or…

Read More
GettyImages-1131867571.jpg

Best Free Business Checking Accounts

Chanelle Bessette
June 29, 2020

You don’t have to pay for a checking account for your business. Axos Bank, BlueVine, BBVA, U.S. Bank and others offer free business accounts worth considering.

Read More

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