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Latest Banking News

What is a cashier’s check? Definitions, uses, how to buy one, cost and alternatives

A cashier’s check, also known as an official bank check, is a payment instrument issued by a bank or credit…

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Daily ATM withdrawal limits: How much money can you take out?

Milan Markovic/GettyImages; Illustration by Hunter Newton/Bankrate More than 40% of Americans don’t pay for anything using cash in a typical…

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Is Your Money Really Safe In An ‘FDIC-Insured’ Fintech Account?

The answer–as evidenced by the collapse of Synapse–is not necessarily. Here’s what you need to know. By Emily Mason, Forbes…

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Cutting alcohol is more than a trend — it’s a lifestyle saving Americans hundreds year-round

Katie Butler, a 29-year-old in Dallas, drank heavily throughout college and the early years of her career. She didn’t think…

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JPMorgan Chase Defends Top Spot Overall

By the start of 2024, bankers were cautiously settling down after the dramatic failures of a string of regional banks,…

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There’s now a 100-year CD. Here’s what you should know

One of the latest arrivals on the financial product scene is the 100-year certificate of deposit (CD). This innovative offering…

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Best online checking accounts for June 2024

Consumers looking for a new checking account may find that online banks offer features that aren’t available at the bank…

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Biggest winners and losers from the Fed’s interest rate decision

The Federal Reserve announced that it’s holding interest rates steady following its June 11-12 meeting, leaving the federal funds rate…

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How the Federal Reserve impacts savings account interest rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks…

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Fed’s interest rate history: The federal funds rate from 1981 to the present

Key takeaways In the aftermath of the post-coronavirus pandemic inflation surge, the Federal Open Market Committee (FOMC) raised interest rates…

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