How ‘Free Money’ Bank Promotions Can Boost Your Savings
Bank interest rates are hardly considered a big perk — there are many Scrooge-like accounts out there that barely pay enough to offer loose change. But some people are getting…
Margarette Burnette
Margarette writes on topics related to banks and credit unions. Her work has been featured by The Associated Press, USA Today and a number of newspapers across the country. She has a bachelor's degree in Business Administration from the University of North Carolina at Chapel Hill. Along with avoiding bank fees, Margarette enjoys playing tennis and jogging.
Posts by Margarette Burnette:
In a Bank Outage Like Wells Fargo’s, Here’s What You Can Do
Many Wells Fargo customers woke Thursday to find they couldn’t access their accounts — whether to get cash, pay bills or swipe a debit card for gas. The giant’s online banking…
Bank of America Interest Rates: How They Compare
Bank of America interest rates are generally low. Its Rewards Savings Account has a annual percentage yield, or APY. There are slightly better rates available for customers enrolled in the…
Wells Fargo Savings Account Interest Rate: How It Compares
The Wells Fargo savings account interest rate is for its Way2Save option. That’s lower than the national average of , and significantly worse than annual percentage yields, or APYs,…
Is It Safer to Bank by Phone or Computer? We Ask 3 Experts
Two-thirds of Americans use mobile or online banking as their main way to access their accounts. If you belong to that group, chances are you lean heavily on a smartphone…
FNBO Direct Review: Checking, Savings and CDs
The bottom line FNBO Direct is an online bank with stellar checking and savings accounts. Its CDs, on the other hand, do not give much of a return. Best if: You’re…
With Mobile Pay, You Can Go Without a Wallet at Checkout
When you’re at the checkout line this holiday season, you could juggle your bags and dig into your purse or billfold for your credit or debit card. Or you could…
3 Simple Ways to Boost Your Savings in 2019
Growing your bank balance sometimes can be as simple as relaxing and letting your money work for you — as long as you have the right tools in place. If…
What Is Compound Interest?
Compound interest is the money you earn on your bank balance, plus the interest that money earns. It is a way to make your cash work for you. How fast…
CD vs. Savings Account: Which Should I Choose?
Which is the better place to park your money, a certificate of deposit or savings account? Savings accounts give you more flexibility to make withdrawals, but CDs often offer a…
