CDs

When to Try a CD Account

If you're looking for places to put your savings, you've probably come across a variety of products that potentially could meet your needs. A certificate of deposit (CD), savings account, or money market account each has the ability to be a saver's best friend. But how do you know which one is best for you? […]

CDs

Pros and Cons of Certificates of Deposit

Considering a certificate of deposit (CD)as a savings option? As with any financial decision, you should weigh the pros and cons of CDs before you open an account. A CD is an easy, sensible way of saving money and earning interest. You'll find CD products at banks or credit unions. Online banks often offer some […]

Checking

Solidify Your Financial Strength

A well-balanced financial portfolio should include a mix of savings options across various “asset classes.” This not only allows you to benefit from rising values and be protected against market downturns, but by allocating your savings among different classes, you can substantially reduce the worry that comes with investing in only one type of asset. […]

CDs

Moving Into the Security of Certificates of Deposit (CDs)

Stocks, mutual funds and 401(k) accounts are great ways to save for your long-term financial goals. But as your future plans inch increasingly closer, certificates of deposit (CDs) can provide a secure place, away from market fluctuations, to hold money for a specific purpose that will be used at a specific time. Other life events […]

CDs

Reach Your Financial Goals With a CD

If you're looking for a safe way to help your savings grow, you might consider certificates of deposit (CDs). This type of savings product can help you stay on top of your saving goals. When you open a CD at a member-FDIC bank, like Ally Bank, your deposits are insured up to the maximum amount […]

CDs

Things to Consider When You Compare Bank CD Rates

When you compare bank certificate of deposit (CD) rates, you want to be sure not to overlook anything. In addition to interest rates, be sure to take into consideration other key items, like fees, terms and cash flow. Avoid broker fees.Brokers traditionally charge a fee to do rate shopping, research and renewals for you. However, […]

Checking

Interest Checking Is Compatible With Popular Financial Planning Tools

With the wide availability of quality, hi-tech financial planning tools, it can be easy to overlook some fundamentals. For example, even with the best financial planning tools at your disposal, choosing to keep money in an interest checking account may be helpful. "In a comprehensive financial plan, there should be some cash and cash equivalents," […]

Savings Accounts

Online Savings Account That’s All About Saving Money

These days, we're all trying to make more intelligent choices when it comes to our household budgets—and being frugal is part of that. Maybe you've decided to give up your $3 cup of coffee every morning or maybe you've finally cut the cable bill out of your life. It's time to make some intelligent choices […]

Checking

About Interest-Bearing Checking Accounts

Checking account basicsFor many people, a checking account is the place where money first enters the budget. It's the hub from which money is directed to bills, expenses and savings. As an important part of your everyday money management, an interest-bearing checking account should be simple and convenient. Keep in mind the following factors as […]

CDs

Don’t Worry About CD Fees

Putting your savings into online certificates of deposit (CDs) is one way to get a higher interest rate than is available from most savings accounts while taking advantage of the convenience banking online gives you. But are there fees to open a CD account online? Ally Bank, like nearly every bank you'll find, won't charge […]