There's lazy money, and then there's money sitting in a Bank of America savings account. I've been writing about personal finance for years, and if there's one thing that still drives me nuts, it's ...

Bad news, Bank of America users: Your bank is offering you a raw deal. That's because a Bank of America Advantage Savings account starts at a measly 0.01% APY. For every $10,000 you have in your ...

Curious how much money Americans keep in their checking and savings? This data shows where you fall by age, household, and education level.

Savers have come out on top over the past few years, thanks to the rate hikes conducted in 2022 and 2023 by the Federal Reserve to help tame inflation. The decisions the Federal Reserve makes for its ...

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, ...

If you keep your savings in an interest-bearing account, you're probably keeping a close eye on what moves the Federal Reserve is making in terms of rates. In late 2023 and early 2024, the federal ...

Bank of America is a big, popular bank, with thousands of branches and millions of customers. Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield ...

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...

The average money-market account pays just 0.59% this month, according to the latest government data. And while those already low returns are 5 basis points less than where they were last year, some ...

In 2023, the Consumer Financial Protection Bureau (CFPB) reported that its actions had contributed to the widespread, but not total, elimination of non-sufficient funds fees, saving bank customers ...