Banking

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Latest Banking News

Early account closure fees at top banks

Key takeaways Several banks charge an early account closure fee, usually between $5 and $50, if a customer closes their…

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Banks Need To Get On The Buy Now, Pay Later Bandwagon

OBSERVATIONS FROM THE FINTECH SNARK TANK Spurred by the spike in online and mobile shopping during the pandemic, the popularity…

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Best bank account bonuses for July 2024

Uncertain economic times can drive many consumers to find novel ways to earn additional money. And for those also looking…

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Brick-And-Mortar Bank Branches Adapt To Meet Consumers’ Needs

In recent years, both banks and businesses have undergone significant transformations. These changes were bolstered by the world’s response to…

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Current CD rates for July 2024

Morsa Images/ Getty Images; Illustration by Austin Courregé/Bankrate A certificate of deposit (CD) is a time deposit account in which…

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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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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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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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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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Should The US Government Tell Americans Which Credit Card To Get?

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

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