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Latest Banking News

What is the average interest rate for savings accounts?

Images by Getty Images; Illustration by Issiah Davis/Bankrate The average savings account rate is a benchmark for the overall interest-rate…

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Beyond The Crystal Ball: AI’s Controversial Power To Predict Our Death Date

The insurance industry, traditionally reliant on statistical models and actuarial tables, is undergoing a significant transformation. With the advent of…

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How to budget in college

Key takeaways The cost of attendance for college is on the rise, but there are ways to reduce costs and…

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Basel III Fearmongering By Lobbyists Should Not Be Believed

In recent months bank lobbyists and bank executives from SIFMA President Kenneth E. Bentsen Jr. to JPMorgan Chase CEO Jamie…

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Bank of America savings account rates

Bank of America offers several savings account options for parking your money, but its ultra-low rates will do little to…

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Do Credit Card Shoppers Need A New Comparison Site?

OBSERVATIONS FROM THE FINTECH SNARK TANK Americans' consumer finance fairy godmother, the Consumer Financial Protection Bureau (CFPB), issued a circular…

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USAA Bank savings account rates

Logo by USAA Bank; Illustration by Hunter Newton/Bankrate USAA is a members’ association, and many of its products — including…

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What Comes Next For Banks With Generative AI

At the start of the digital revolution, Bill Gates said that “banking is necessary; banks are not.” That was back…

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U.S. Bank CD rates

Image by Getty Images; Illustration by Tiffany Herring A benefit of U.S. Bank’s certificates of deposit is the many terms…

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This Week In Credit Card News: Lower Late Fees May Hurt In Other Ways

An $8 Credit Card Late Fee Cap Sounds Good Now, But It May Hurt You Later A new $8 cap…

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