Sarah C. Brady
- Yahoo Personal Finance
What is FedNow, and how does it work?
FedNow is an instant payment service created by the Federal Reserve. Learn more about how FedNow works and how it benefits you.
- Yahoo Personal Finance
What is a jumbo CD?
Jumbo CDs are a type of certificate of deposit with higher minimum balance requirements — and often, higher interest rates. Here’s how they work.
- Yahoo Personal Finance
What is the typical minimum balance required for savings accounts and CDs?
Some types of savings accounts come with minimum balance requirements. Here’s a look at the typical minimum balance needed to open a traditional savings accounts or CD.
- Yahoo Personal Finance
Are money market accounts insured by the FDIC?
If you’re thinking about opening a money market account, it’s important to ensure that the account is FDIC-insured. Here’s why, and how you can check.
- Yahoo Personal Finance
What is a brokered CD?
Brokered CDs are offered by brokers instead of banks and may pay higher interest rates. But they also come with some risks. Here’s what you need to know.
- Yahoo Personal Finance
What is a callable CD?
If you’re looking for a high-yield CD, you may have come across a callable CD. Learn more about how callable CDs work and whether they make sense for you.
- Yahoo Personal Finance
What is a bump-up CD?
A bump-up CD allows you to increase your rate if interest rates rise during the term. However, there are some trade-offs for this flexibility.
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What is a no-penalty CD?
No-penalty CDs don’t charge fees if you need to withdraw your money early. But they do come with some trade-offs. Here’s what you need to know.
- Yahoo Personal Finance
Are online banks really safe?
Here’s a look at how online bank security compares to traditional brick-and-mortar institutions.