No-Penalty CD: Rates and How They Work
What is a no-penalty CD? A no-penalty certificate of deposit is a type of CD that has no fee for withdrawing money before the term expires. You generally can withdraw…
Spencer Tierney
Spencer is a banking writer at NerdWallet whose work has been featured by USA Today, the Los Angeles Times and more. He actually likes reading the fine print, especially if that means helping consumers understand and avoid bank account fees. In his free time, he runs long distances, writes short fiction and attends literary events in the Bay Area.
Posts by Spencer Tierney:
SoFi Money Review: Online Checking
The bottom line SoFi Money is an online checking account by SoFi, a company best known for its student loan refinance loans. SoFi’s account has a top-of-the-line interest rate…
Current CD Rates: March 2019
Interest rates on certificates of deposit have been rising, but that won’t last forever. Most CDs, unlike regular savings accounts, have fixed rates, so you can lock in a high…
Wells Fargo CD Rates: How They Compare
Wells Fargo offers some solid CD rates, but the minimum is somewhat high and there aren’t many terms to choose from. Having the bank’s premium checking provides a slight boost…
Capital One CD Rates: How They Compare
Capital One’s certificate of deposit rates are among the highest you can find, and there’s no minimum deposit required. Capital One CD rates » Want more options? See the…
Chase CD Rates: How They Compare
Rates for Chase’s certificates of deposit tend to be low, but they can be somewhat better if you have a Chase checking account. The bank’s main strengths are the variety…
How Banking Apps Can Motivate You to Save
Every time Olivia Robinson shops at Nordstrom, $10 moves from her checking account to savings. She set up this automatic transfer, or “rule,” in the savings app Qapital. The rule…
How to Open a Bank of America Account
Opening a bank account at Bank of America can be done at a branch, over the phone, on your desktop computer or on a mobile device. Whichever way you decide,…
4 Reasons to Ditch Your Old Debit Card
When ChingWa Chan opened a brokerage account to start investing, she received a surprise perk: a debit card with ATM fee reimbursements. “I didn’t really discover that feature until after…
