Savings Account Explained: What It Is and How It Works
Savings accounts offer safety and easy access, but rates vary widely between banks. Here's how they work, what they cost, and how to find one that actually pays.
Austin Russell6 min read
Money Market
Austin Russell6 min read
Money Market Fund vs MMA vs Savings Account: Key Differences Explained
Money market funds, money market accounts and savings accounts all hold cash safely, but they differ sharply on insurance, fees and rates. Here is how to tell which one fits…
John Graham6 min read
Hot Money: What It Means and Why It Matters
Hot money chases the best short term rates across borders and banks alike. See how China lost hundreds of billions in capital flight, and what it means for savers eyeing…
Austin Russell3 min read
JIBAR Explained: What Is the Johannesburg Interbank Average Rate
JIBAR sets the pace for South African borrowing costs, from loans to certificates of deposit to futures contracts. Here's how the daily rate gets calculated and why it matters.
Austin Russell4 min read
Best Free Savings Accounts for June 2026: Rates up to 4.40%
Pibank currently leads free savings accounts at 4.40% APY, with no fees or minimum balance. Here is how the top payers compare and what could change soon.
Michele Mendoza5 min read
What Is a Transaction? Definition, How It Works and Example
What separates a checking account from a CD is really about access. Here is how transaction deposits work, what banks can restrict, and how they stack up against savings and…
Austin Russell3 min read
Money Market Account vs Savings Account: Which Should You Choose?
Money market accounts often pay more interest than savings accounts and add check writing, but they demand higher minimum balances. Here is how the two compare on rates, fees and…
John Graham5 min read
Federal Reserve Regulation D: Withdrawal Limits Explained
Regulation D used to cap monthly withdrawals from savings and money market accounts at six, but the Fed suspended that rule in 2020. Here is what still applies today.
John Graham3 min read
Savings Account Interest Taxation: What to Know
Savings account interest is taxable no matter how small the amount. Here's how the IRS taxes your earnings, what stays untaxed, and which accounts can soften the hit.
Austin Russell4 min read
Sweep Accounts, Their Types, Benefits and How They Work
A sweep account can put idle cash to work automatically, but its value depends on where the money goes, how quickly it can return and what the provider charges. Compare…
Austin Russell5 min read
Bankrate Monitor Index Tracks Key Trends in Finance
The Bankrate Monitor Index was created to help Americans track deposit rates. Its modern successor is Bankrate.com, where consumers can review product data and tools. Here is what the index…
Austin Russell2 min read
Idle Savings Erode Your Wealth When Savings Are Left Idle
Cash in a basic savings account can lose ground to inflation. Learn how high yield savings accounts, money market products and long term investments differ, and match each option to…
Austin Russell4 min read
NOW Accounts Overview and History Explained
NOW accounts once offered interest on money customers could access by check. Learn why the product faded, how it differed from checking, and what to compare before choosing a place…
Michele Mendoza5 min read
Money Market Accounts and Funds Raise Questions About Safety
Money market accounts and money market funds sound alike, but their protections and access rules differ. Learn what FDIC insurance covers, how fund redemptions work, and which fees and risks…
John Graham5 min read