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Theresa Stevens

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Theresa Stevens is a personal finance writer based in Boston, MA. As a former financial advisor, she has first-hand experience helping people solve their money challenges. When she's not writing, you'll find her trying out a new karaoke spot or planning her next trip abroad.

  • Best Bank Bonuses and Promotions Of May 2024

    The best bank bonuses ask you to jump through relatively few hoops to bag the cash. Here’s a look at today’s best bank bonuses, which are all linked to accounts with low fees and easy-to-meet minimums. We also offer some...
    Best Bank Bonuses and Promotions Of May 2024

  • Oxygen Bank Review For 2024

    Editor's note: On March 8, 2024, Oxygen Bank announced that it was closing customer accounts as the company pivots to the health care industry. Oxygen is a financial technology company offering personal and business banking services through Bancorp Bank, N.A....
    Oxygen Bank Review For 2024

  • What Is Interest?

    When it comes to interest, you’re either paying it or earning it. Borrowers pay interest when they take out a loan or charge money to a credit card, while savers earn interest when they deposit money into savings accounts, CDs...
    What Is Interest?

  • Apple Savings Account Review 2024

    Apple—the same company that brought you the iPhone and Mac—added a high-yield savings account to its product roster in early 2023. Offered in partnership with Goldman Sachs, the Apple savings account touts an above-average APY, no fees and no minimums,...
    Apple Savings Account Review 2024

  • How Long Does It Take For A Check To Clear?

    Although they are less common now, you may encounter checks from time to time. When you do, you’ll want to deposit or cash that check as quickly as possible. When you deposit or cash a check, the funds must go...
    How Long Does It Take For A Check To Clear?

  • Merrick Bank Review 2024

    Merrick Bank is a credit card issuer and FDIC-insured online bank. While primarily known for loans and credit-building credit cards, it also offers enticing certificates of deposit (CDs)—for those with a lot of money to save. Merrick Bank CDs have...
    Merrick Bank Review 2024

  • Cashier’s Check Vs. Money Order

    Cashier’s checks and money orders are common ways to pay for purchases without using cash, debit cards or personal checks. People may use cashier’s checks or money orders because a vendor requires them or because they don’t want to carry...
    Cashier’s Check Vs. Money Order

  • Union Bank CD Rates: May 2024

    Union Bank Acquisition by U.S. Bank Union Bank was acquired by U.S. Bancorp (U.S. Bank) in December 2022. All preexisting Union Bank CDs were transitioned to U.S. Bank in May 2023. Terms, interest rates and APYs remain the same for...
    Union Bank CD Rates: May 2024

  • Citizens Bank Business Checking Review 2024

    Citizens Bank offers three business checking solutions to serve business owners wherever they are on their journey. Citizens Bank business checking accounts don’t have minimum opening deposits or monthly balance requirements. A Citizens Bank business checking account may be right...
    Citizens Bank Business Checking Review 2024

  • How Do You Withdraw Money From A Savings Account?

    Savings accounts are a smart place to keep money for your short- and long-term financial goals, such as a future home down-payment or starting a business. However, sometimes you may need to access your savings earlier than expected. Withdrawing money...
    How Do You Withdraw Money From A Savings Account?

  • What Do You Need To Open A Bank Account?

    A bank account can be convenient if you need a place to deposit paychecks or a way to pay bills and cover everyday spending. But not everyone has a bank account: Federal Reserve data shows about one-fifth of U.S. households...
    What Do You Need To Open A Bank Account?

  • Navy Federal Business Checking Review 2024

    Navy Federal offers three business checking accounts to assist new, growing and mature companies—, and . All three business checking accounts have no or low monthly service fees and unlimited free electronic transactions, making them a worthy choice for owners...
    Navy Federal Business Checking Review 2024

  • Marcus Savings Bonus And Promotions Of May 2024

    Marcus by Goldman Sachs is an online bank backed by Goldman Sachs—one of the largest banks in the U.S. As an online bank, Marcus doesn’t have physical branches or its own ATM network. Due to the lower overhead costs of...
    Marcus Savings Bonus And Promotions Of May 2024

  • High-Yield Certificate Of Deposit (CD): What Is It And Is It Worth It?

    High-yield certificates of deposit (CDs) are low-risk saving instruments that offer fixed returns for a specific period of time. They have higher rates than traditional CDs and savings accounts but may require a larger minimum deposit or longer term to...
    High-Yield Certificate Of Deposit (CD): What Is It And Is It Worth It?

  • 6 Best Places To Save Money And Earn Interest

    Saving money gives you incredible financial power, including the ability to fund future goals and weather life’s unexpected events. But figuring out where to save your money can be challenging, especially with a seemingly endless array of options. The ideal...
    6 Best Places To Save Money And Earn Interest

  • Citi Bonus Promotions Of May 2024: Earn Up To $2,000 By Opening A New Account

    Citi®, a Forbes advisor partner, is a top-20 global financial institution and the third-largest bank in the U.S.—and it wants to keep growing. To that end, Citi is looking to lure new customers and large deposits by offering up to...
    Citi Bonus Promotions Of May 2024: Earn Up To $2,000 By Opening A New Account

  • Synchrony Bank Review 2024

    Synchrony Bank is an online bank that offers competitive rates on its high-yield savings account, money market account and CDs. The bank doesn’t offer a checking account, but it does provide an ATM card linked to its high-yield savings accounts,...
    Synchrony Bank Review 2024

  • Huntington Bank Business Checking Review 2024

    Huntington Bank is headquartered in Columbus, Ohio and is one of the nation’s largest banks by assets, despite only having a presence in 11 states. The bank offers a wide range of personal and small business banking products and services,...
    Huntington Bank Business Checking Review 2024

  • How To Get A Debit Card

    Debit cards offer a convenient way to make purchases, pay bills and withdraw cash from ATMs. And because they’re linked to your checking account balance, they can also help you avoid overspending. The process of getting a debit card might...
    How To Get A Debit Card

  • Barclays Bank CD Rates May 2024

    Barclay Bank offers six high-yield certificates of deposit (CDs), ranging from 6 months to 60 months. The bank’s CD rates are highly competitive with the best online banks, and no minimum deposit is required to open a CD. Here’s an...
    Barclays Bank CD Rates May 2024

  • How To Save Money: 5 Easy Ways

    Knowing you want to save money and actually starting to save are two different things. Whether you’re saving money for a house, bucket list vacation or another goal, here are simple tips to get the ball rolling. 1. Review Your...
    How To Save Money: 5 Easy Ways

  • Best Business Checking Accounts Of May 2024

    One of the most important decisions small business owners face is choosing the right business banking relationship. For many business owners, the first concern is establishing a business checking account. Fortunately, there are several top-notch options, including and . Whether...
    Best Business Checking Accounts Of May 2024

  • Chase ATM Withdrawal And Deposit Limit

    Even in a world dominated by digital wallets and plastic payment cards, sometimes nothing can replace cold, hard cash. With more than 15,000 ATMs and 4,700 branches nationwide, Chase Bank makes it easy to access cash. But it’s important to...
    Chase ATM Withdrawal And Deposit Limit

  • Wells Fargo ATM Withdrawal And Deposit Limit

    ATMs offer a convenient way to get cash you need quickly. However, most banks set ATM withdrawal limits that restrict the amount of money you can withdraw from an ATM in a single transaction or calendar day. These limits are...
    Wells Fargo ATM Withdrawal And Deposit Limit

  • How To Open A Money Market Account

    Are you ready to open a money market account but don’t know where to start? Here’s how to choose, apply for and open an MMA easily so you can focus on what’s most important: building your savings. What Is a...
    How To Open A Money Market Account

  • How Much Should I Save Each Month?

    Most people know the importance of saving, but deciding how much to save each month is less clear-cut. The answer to this question depends on your personal circumstances. Thankfully, general guidelines can give you a better sense of how much...
    How Much Should I Save Each Month?

  • Varo Bank Review 2024

    With top-notch customer service, a user-friendly mobile app and nearly no fees, Varo Bank is an excellent choice for anyone looking to simplify their finances. Varo offers competitive interest rates on savings accounts, up to 6% cash back on select...
    Varo Bank Review 2024

  • What Is Open Banking?

    Open banking is fairly well-established in the E.U. and parts of the Asia-Pacific region but has been slower to catch on in the United States. Open banking has the potential to disrupt how banks, businesses and consumers share and use...
    What Is Open Banking?

  • Zelle Vs. Venmo: Which To Use And When

    These days, cash apps let you move money about as quickly as you can spend it. Two of the most popular apps are Zelle and Venmo. But while they’re both members of the same family, they’re more like cousins than...
    Zelle Vs. Venmo: Which To Use And When

  • Credit Card Vs. Debit Card Vs. Prepaid Card: Which Is Right For You?

    When you break out your plastic payment at checkout, generally the cashier or online payment portal makes no distinction between a credit card, a debit card or a prepaid debit card. All three carry a major credit card company’s branded...
    Credit Card Vs. Debit Card Vs. Prepaid Card: Which Is Right For You?

About

Theresa Stevens is a personal finance writer based in Boston, MA. As a former financial advisor, she has first-hand experience helping people solve their money challenges. When she's not writing, you'll find her trying out a new karaoke spot or planning her next trip abroad.