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.
    Happy Bank Teller Serving Customer
    What Is a Check-Cashing Service?
    man and woman talking in front of computer
    What Is an Overdraft?
    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
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    Money Market vs. Savings Account vs. CD: Which One Is Right for You?
    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
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    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
    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
    Business owner processing digital payment
    The 7 Best Merchant Account Providers of 2021
    Couple reviewing investment paperwork
    Should You Tap Into Your Thrift Savings Plan for a Loan?
    Person using laptop at home
    What Is a Time Deposit?
    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?
    Pros and Cons Of Online Banks
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    Best Bitcoin Debit Cards in 2021
    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
    Man in business suit walking outside the Bank of England.
    Learn the Different Types of Banks and the Many Services They Offer
    Personal banker explains account application to client
    What Is a Certificate of Deposit?
    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?
    Person looking at computer
    What Is Interest?
    A homeowner looks over her escrow account.
    What Is Escrow?
    Why Does Compound Interest Matter? Compound interest equals interest earned on money that was previously earned as interest. Compound interest causes interest and account balances to grow. Good for savings and investments, but can work against you in playing interest on a loan. Frequency, time, interest rate, deposits, and the starting amount all make compound interest powerful.
    What Is Compound Interest?
    What Is a Wire Transfer?
    Is PayPal Safe for Sellers and Buyers?
    Here Are Easy Step-By-Steps Instructions How to Open A Bank Account
    Businesswoman reaching for paperwork
    What Are Notarized Documents?
    Illustration showing checks, jars, certificates and tables representing the different types of bank accounts
    Learn About 5 Different Accounts Your Bank Offers
    ABA Numbers: Where to Find Them and How They Work
    Couple looking at paperwork together
    What Is a Beneficiary?
    The differences between ACH and wire transfers.
    Compare and Contrast: Speed, Cost, Risk, and More
    Image shows three panels: a man paying for something at a counter; a woman paying for her bill at a cafe; a woman paying for a movie ticket. Text reads: "Paypal's prepaid, debit, and credit cards. The prepaid mastercard–PROS: no credit check, FDIC insured. CONS: can't pull funds from your paypal account; a $4.95 monthly fee. The debit mastercard– PROS: Use funds from your paypal account; cash back rewards. CONS: Primarily for business accounts. The extras mastercard– PROS: no annual fee; earn points. CONS: required credit checks."
    PayPal Debit and Credit Cards: Which Is Best?
    A bank teller processes a transaction for a bank customer.
    How (and Where) To Conduct an International Wire Transfer
    Woman checking her bank account balance online for a ACH payment
    ACH Payments Can Benefit Everybody. See How They Work
    A woman working at a computer using software to analyze qualitative data.
    What Is Annual Percentage Yield?
    Online Account Opening
    Here's What You Need to Know to Open Bank Accounts Online
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    Reducing Your Public Financial Information
    Converting Percentages to Decimals Is Easy
    Learn How and Where to Deposit Cash to Get Your Money Into the Bank
    What Is the Available Balance in Your Bank Account?
    Young woman walking through a banking district
    What Is the FDIC?