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…
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:
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…
5 Reasons to Ignore Bank Sign-Up Bonuses
Bank sign-up bonuses can be appealing, whether they jump-start a stalled savings account or are a little extra in a large nest egg. But before you commit to a bonus,…
How to Set Up Direct Deposit
Direct deposit is a free electronic transfer service that sends your paychecks or benefit checks to a bank account or prepaid debit card of your choosing. Many banks require direct…
Thwart Fraud With This Checklist for Your Next Vacation
Vacation packing checklists can be handy, but not everybody needs them. A keep-my-money-safe checklist, on the other hand, can benefit just about every traveler. When you’re away from home, your…
Banking Has Changed, but Criminals Haven’t — Here’s How to Protect Your Money
This year marks a decade since the global financial crisis. Although the biggest financial institutions still dominate the landscape, banking has undergone some changes. The proliferation of smartphones means mobile banking…
Radius Bank Review: Checking, Savings and CDs
Radius Bank NerdWallet’s rating: 4.0 / 5.0 The bottom line Radius Bank is a Boston-based bank with one branch, but it offers robust online and mobile banking. People across the…
How to Stash and Grow Cash in Good Times or Bad
In the decade since the financial crisis put nearly 9 million Americans out of work, one thing has become clear: It’s always a good idea to have money set aside.…
Small-Business Checking Primer: 5 Key Questions Answered
A small-business checking account helps business owners manage taxes, as well as legal and practical money issues. Having one also makes a business look more credible — it means customers and…
