Banking

10
Jan
Advantages and Disadvantages of a Certificate of Deposit

A certificate of deposit, or CD, is an investment option that is considered low-risk. However, consumers looking for a higher rate of return or liquid investment may want to consider other options such as mutual funds.

Posted in: Banking,
08
Jan
Report: Reviewing CFPB Complaints of U.S. Banks in 2018

For the third consecutive year, LendEDU has published our annual report featuring the most and least complained about banks. In 2018, we sifted through 244,114 complaints to see which banks received the most and least complaints.

Posted in: Banking, Reports,
28
Dec
How Much Money Do You Need to Live Off Interest?

This guide provides details on how much you need to live off interest alone when you’re ready to retire, including if you're planning to invest in the stock market as a way of doing so.

Posted in: Banking, Investing,
27
Dec
Bank of America CD Rates Review

Bank of America provides several CD options with varying terms, but its interest rates are low compared to its competitors.

Posted in: Banking,
27
Dec
Citizens Bank CD Rates Review

Citizens Bank CD rates tend to be on par with most major traditional banks’ rates but below many online-only banks. Minimum account balances start at $1,000.

Posted in: Banking,
27
Dec
PNC Bank CD Rates Review

PNC Bank has a variety of CD products, including the Ready Access CD and the Variable Rate CD. PNC Bank regularly offers promotional rates on CDs and other deposit accounts that earn interest.

Posted in: Banking,
18
Dec
Discover CD Rates Review

Discover Bank CD rates may be well suited for you if you can lock your money in for a minimum of a year. Discover’s CDs have significantly higher interest rates than many of its competitors.

Posted in: Banking,
14
Dec
American Express Personal Savings Account Review

American Express Personal Savings is a high-yield savings account that provides great benefits to borrowers. There's no monthly fee or minimum balance requirements, and it's easy to move money in and out of the account. Your account is also FDIC insured.

Posted in: Banking,
06
Dec
Best Credit Unions of 2019

Using a credit union for everyday banking or financing needs can be an advantage for account holders. Because credit unions are not-for-profit institutions, they may offer more benefits with fewer fees than comparable regional or national banks that prioritize profits.

Posted in: Banking,
06
Dec
Best Student Bank Accounts

Student bank accounts provide a way for students who are away at college to start learning good budgeting and financial habits, and they’re a convenient and efficient way for students to learn to manage their personal finances. Some banks and financial institutions offer bank account products that are specifically geared toward students with features such as no fees.

Posted in: Banking,