Banking

    Before you open a bank account, it's important to educate yourself on the options available to you. Learn about the various types of bank accounts, how to calculate interest rates, and the language and terminology of the banking world.
    A woman looks at a cellphone with high rise buildings in background
    What Is a Retirement Money Market Account?
    Woman paying with an app in store
    What Is a Digital Wallet?
    Happy Bank Teller Serving Customer
    What Is a Check-Cashing Service?
    man and woman talking in front of computer
    What Is an Overdraft?
    Woman at ATM holds her bank card and coffee cup
    What Is a Demand Deposit?
    Woman writing a check or balancing her checkbook; bills and documents are on the desk along with a laptop
    What Is a Canceled Check?
    ways to transfer money between banks. Bank-to-bank transfer, wire-transfer, apps and online payment tools, and write yourself a check
    Best Ways to Transfer Money From One Bank to Another
    A woman uses her phone.
    What Is an International Bank Account Number (IBAN)?
    Female business executive speaks sitting at desk speaks to two colleagues
    What Is a Correspondent Bank?
    Grandfather and young grandson counting change on the floor
    Money Market vs. Savings Account vs. CD: Which One Is Right for You?
    Client considering contract terms before signing
    What Is the Federal Home Loan Bank (FHLB) System?
    Couple on deck with cruise ship wake behind them
    What Is Private Banking?
    Man taking photo of banking check with cell phone
    Best Free Checking Accounts of 2021
    Close up of a young Asian woman using contactless payment via smartphone to pay for her shopping at self-checkout kiosk in a store
    Best Free Savings Accounts of 2021
    person in green shirt looking at credit card while sitting in coffee shop
    Where Can I Reload My Netspend Card?
    A woman checks her cell phone in front of currency exchange kiosk
    Where to Exchange Currency at the Best Rates
    Businessman working late on laptop
    What Is Regulation E?
    Cash App
    How to Use Cash App
    Couple talking to a bank manager about APR and APY
    The Difference Between APR and APY in Interest Rates
    A woman holding papers looks at her computer
    How Long Should You Keep Bank Statements?
    Multigenerational family dressed in black hugs at military cemetery
    What Happens to a Bank Account When Someone Dies?
    A woman wonders why her savings account has been labeled as dormant
    What Is a Dormant Account?
    man with suitcase depositing cash into an ATM
    What Happens If You Deposit More Than $10,000 in the Bank?
    Woman pays at gas station pump using debit or credit card
    How To Cancel a Pending Transaction
    Couple reviewing investment paperwork
    Should You Tap Into Your Thrift Savings Plan for a Loan?
    Couple using a laptop in their living room to look at their financial budgets
    What Is a Sweep Account?
    A woman scans through bills in front of a laptop
    What Is Regulation V?
    A person works on a laptop
    What Is a Frozen Account?
    Person using laptop at home
    What Is a Time Deposit?
    Two businesswoman talk at table with laptop and tablet
    What Is Regulation DD?
    A woman checks her deposit accounts.
    How Much Cash Should Be In Your Checking and Savings?
    A woman writes a check in her home office
    What Is a Negotiable Instrument?
    Woman checking her investment information
    What Is a Term Deposit?
    A couple snorkel underwater surrounded by fish.
    How To Save More Using a Vacation Savings Account
    Banker discussing reports with corporate clients
    Corporate Banking vs. Investment Banking: What’s the Difference?
    Man using smartphone and laptop holds toddler daughter on lap
    How To Open a CD Account
    Pros and Cons Of Online Banks
    Two businesspeople in bank sit on sofa reviewing documents
    What Are Money Center Banks?
    Stack of credit cards
    Best Bitcoin Debit Cards in 2021
    man in flannel shirt using phone in kitchen
    What Is Hawala?
    A person uses a phone calculator while looking at his bank account history.
    What Is an Account History?
    Four business people in an office meeting
    What Is a Merchant Bank?
    Elderly woman writing in a checkbook
    How to Choose the Best Bank Accounts for Seniors
    U.S. Treasury Secretary Steven Mnuchin addresses a conference on financial technology, or fintech, at the Federal Deposit Insurance Corporation.
    The Banks Behind the Fintechs
    Woman checking her account on her cell phone, holding a bank card
    Electronic Funds Transfer and How It Works for Insurance
    Personal banker explains account application to client
    What Is a Certificate of Deposit?
    Smiling young couple shakes hands with businessman over paperwork
    What Is a Thrift Bank?
    Investor using mobile device check stock market data.
    Three Rapidly Evolving Trends in Financial Technology
    The front facade of the Federal Reserve Bank building.
    What Is the Federal Reserve’s Regulation D?
    negotiate your bills to pay less
    The 5 Best Bill Negotiation Services of 2021
    Past Due invoice on stack of bills
    Is There Such a Thing as a Bank Account Garnishment?
    Close-up of two people exchanging a credit card
    What Is a Bank Identification Number (BIN)?
    bank aquisitions
    What To Do When Your Bank Is Acquired
    A young woman looks over her second-chance account options.
    Second-Chance Bank Accounts: Can They Help You Start Over?
    bank-vs-credit-unions.jpg
    Learn If a Bank or Credit Union Is a Better Option for You
    Woman makes a payment with her mobile wallet in a rideshare
    Everything You Need To Know About Contactless Payments
    Young woman clicking on her smartphone
    What Is Financial Inclusion?
    A couple looks over their overdraft fees.
    How To Ask Your Bank To Waive an Overdraft Fee
    A woman uses an ATM.
    How Do Cardless ATMs Work?
    Paper bank statements and electronic bank statements. Account summary is a summary of all activity in your account across a certain time period. Descriptions detail all of your transactions including deposits and withdrawals
    What Is a Bank Statement?