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Michael Benninger

Lead Editor, Banking

About

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, Insider and the Los Angeles Times, and he's been quoted by The Street and Yahoo Finance among other news outlets. Prior to his role at Forbes Advisor, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products.

Michael Benninger’s passion for personal finance began when he worked as a part-time credit analyst during college. It was then he learned the importance of maintaining a clean credit report and paying bills on time. This knowledge helped Michael develop a strong foundation of healthy financial habits as he pursued a career in writing after graduation.

Michael’s editorial endeavors began with roles as a writer and editor for several magazines and newspapers in Southern California. That phase of Michael’s career was followed by a role as a full-time in-house writer at a marketing agency, where he had the opportunity to write for the personal finance app Mint and its parent company, Intuit. This experience sparked in Michael a newfound desire to help readers make smart moves with their money.

From 2020 to 2022, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products. And today, he serves as the lead editor of banking at Forbes Advisor, a role that has him oversee topics including checking accounts, savings accounts, money market accounts, CDs, budgeting and more. His goal remains to help readers make smart moves with their money.

Michael currently lives outside Philadelphia and loves spending time with his wife and daughter when he’s not working.

Expertise

  • Banking
  • Checking
  • Savings
  • Certificates of deposit
  • Money market accounts

Achievements

  • Former credit analyst
  • More than 15 years of writing and editing experience
  • Published by Mint, Insider and the Los Angeles Times, among others

Other Publications

Education

Bachelor’s degree in business administration with a concentration in marketing, Rowan University

  • High-Yield Savings Account Rates Today: May 3, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best...
    High-Yield Savings Account Rates Today: May 3, 2024
  • High-Yield Savings Account Rates Today: May 2, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. In the market for an account where you can park some cash? Here’s a look at some of the best savings rates you can...
    High-Yield Savings Account Rates Today: May 2, 2024
  • High-Yield Savings Account Rates Today: May 1, 2024

    Rates on savings accounts are going up. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings...
    High-Yield Savings Account Rates Today: May 1, 2024
  • High-Yield Savings Account Rates Today: April 30, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. In the market for an account where you can put some money aside? Here’s a look at some of the best savings rates you...
    High-Yield Savings Account Rates Today: April 30, 2024
  • High-Yield Savings Account Rates Today: April 29, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings...
    High-Yield Savings Account Rates Today: April 29, 2024
  • High-Yield Savings Account Rates Today: April 26, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Shopping for an account where you can park some cash? Here’s a look at some of the best savings...
    High-Yield Savings Account Rates Today: April 26, 2024
  • High-Yield Savings Account Rates Today: April 25, 2024

    Rates on savings accounts are the same compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the...
    High-Yield Savings Account Rates Today: April 25, 2024
  • 11 Best CD Rates Of May 2024: Up To 5.30%

    The best CD rate is on a six-month , but other financial institutions offer similar rates on CDs with different term lengths. According to the FDIC, average APYs on CDs range from , depending on the term. Our list of...
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  • High-Yield Savings Account Rates Today: April 24, 2024

    Rates on savings accounts are the same compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at...
    High-Yield Savings Account Rates Today: April 24, 2024
  • High-Yield Savings Account Rates Today: April 23, 2024

    Rates on savings accounts are the same compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the...
    High-Yield Savings Account Rates Today: April 23, 2024
  • High-Yield Savings Account Rates Today: April 22, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look...
    High-Yield Savings Account Rates Today: April 22, 2024
  • American Savings By Generation: How Balances And Goals Vary By Age

    In the face of high interest rates, the rising cost of living and other financial challenges, saving money has never been more critical. For many Americans, however, the ability to save is becoming a luxury. Forbes Advisor's latest survey reveals...
    American Savings By Generation: How Balances And Goals Vary By Age
  • High-Yield Savings Account Rates Today: April 18, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can put some money aside? Here’s a look at some of...
    High-Yield Savings Account Rates Today: April 18, 2024
  • High-Yield Savings Account Rates Today: April 17, 2024

    Rates on savings accounts are falling. You can now earn 5.84% or higher on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings rates you can find today....
    High-Yield Savings Account Rates Today: April 17, 2024
  • High-Yield Savings Account Rates Today: April 16, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can put some money aside? Here’s a look at some of...
    High-Yield Savings Account Rates Today: April 16, 2024
  • High-Yield Savings Account Rates Today: April 15, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look...
    High-Yield Savings Account Rates Today: April 15, 2024
  • High-Yield Savings Account Rates Today: April 12, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the best savings rates you can find...
    High-Yield Savings Account Rates Today: April 12, 2024
  • High-Yield Savings Account Rates Today: April 11, 2024

    Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates...
    High-Yield Savings Account Rates Today: April 11, 2024
  • High-Yield Savings Account Rates Today: April 10, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best savings rates you can find...
    High-Yield Savings Account Rates Today: April 10, 2024
  • High-Yield Savings Account Rates Today: April 9, 2024

    Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best savings rates you can find...
    High-Yield Savings Account Rates Today: April 9, 2024
  • High-Yield Savings Account Rates Today: April 8, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings rates you can find today....
    High-Yield Savings Account Rates Today: April 8, 2024
  • High-Yield Savings Account Rates Today: April 5, 2024

    Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings rates you can find today....
    High-Yield Savings Account Rates Today: April 5, 2024
  • High-Yield Savings Account Rates Today: April 4, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look at some of the best...
    High-Yield Savings Account Rates Today: April 4, 2024
  • High-Yield Savings Account Rates Today: April 3, 2024

    Rates on savings accounts are increasing. You can now earn 5.84% or higher on your savings. In the market for an account where you can put some money aside? Here’s a look at some of the best savings rates you...
    High-Yield Savings Account Rates Today: April 3, 2024
  • High-Yield Savings Account Rates Today: April 2, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some...
    High-Yield Savings Account Rates Today: April 2, 2024
  • High-Yield Savings Account Rates Today: April 1, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some...
    High-Yield Savings Account Rates Today: April 1, 2024
  • High-Yield Savings Account Rates Today: March 29, 2024

    Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Shopping for an account where you can park some cash? Here’s a look at some of the best savings rates you can find today....
    High-Yield Savings Account Rates Today: March 29, 2024
  • High-Yield Savings Account Rates Today: March 28, 2024

    Rates on savings accounts are going up. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the best savings rates you can...
    High-Yield Savings Account Rates Today: March 28, 2024
  • High-Yield Savings Account Rates Today: March 27, 2024

    Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look...
    High-Yield Savings Account Rates Today: March 27, 2024
  • 10 Best Online Banks of May 2024

    The best online banks offer a healthy mix of high APYs, low fees and reasonable minimum requirements. We’ve compared the products and services of 60 nationally available online banks to find some of the best options available. See below to...
    10 Best Online Banks of May 2024
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About

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, Insider and the Los Angeles Times, and he's been quoted by The Street and Yahoo Finance among other news outlets. Prior to his role at Forbes Advisor, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products.