Banking Advice

Having too little money in your checking account can be a problem, but so can having too much. Your checking account balance should be large enough to cover your monthly bills with a buffer to avoid overdraft fees and cover unexpected…

When you're waiting for a deposited check to clear, it can feel like a breeze or a burden. Generally, it takes two to five business days to get all the funds from a check into your account. However, some factors might hold up the…

If you have a savings account, you might want to know how much you'll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you might think.Types of Savings Account…

You probably rely on a combination of cash, credit cards and even personal checks to cover your daily spending. But every once in a while, a scenario might come up in which you need to use a money order – whether it's sending money…

In less than a week, two major banks failed, forcing financial regulators to step in. The collapse of Silicon Valley Bank marked the second-largest U.S. bank failure in history. Two days later, the demise of Signature Bank marked the…

Neobanks are financial technology, or fintech, companies that give consumers a lower-cost alternative to traditional banks. They are geared toward people who do not need the bells and whistles of standard banks and are comfortable with…

Bank failures have been rare in recent years. Only four U.S. banks failed in 2019, and in 2018, not even one bank failed. Still, it's smart to take precautions to make sure your bank deposits are fully protected.There are two main types of…

Scamming is rampant. More than 40,000 people filed scam reports with the Better Business Bureau in 2022, and the median reported dollar loss was $171, according to that year's BBB Scam Tracker Risk Report. A lot of those scams are targeting…

Savings bonds can be a great way to diversify your finances and protect your money from market risk, or you might have received one as a gift. However, the redemption process is different from just withdrawing money from a bank account, and…

With the rise of online-only banks and apps that allow money transfers in just a few seconds from a smartphone, consumers no longer have to rely on ATMs or a bank teller to handle their paper checks. Customers can now upload an image of…