What Is Mobile Banking? Managing Money From Your Phone
Mobile banking lets you manage your accounts from a smartphone app. Learn what you can do with it, how it differs from online banking, and how to stay secure.
Banking
Checking accounts, savings accounts, online banking, fees, and how to get more from your bank.
What Is an Overdraft? Spending More Than You Have
An overdraft happens when you spend more than your account balance. Learn how overdrafts work, what they cost, and how to avoid expensive overdraft fees.
What Is an ACH Transfer? How Money Moves Between Banks
An ACH transfer moves money electronically between bank accounts through a national network. Learn how it works, how it differs from a wire, and what it costs.
What Is an Account Number? Your Bank Account’s Unique ID
Your bank account number is the unique ID for your specific account. Learn what it is, how it differs from a routing number, and how to keep it safe.
How a $10 Purchase Can Turn Into a $35 Bank Fee
A small debit card purchase can trigger a $35 overdraft fee if your account is short. Here’s how overdraft fees work, how to check your settings, and what you can do to protect your checking account.
What Is APY? How Annual Percentage Yield Works
APY (annual percentage yield) is the real rate of return on your savings after compounding is factored in. Learn what APY means and how it differs from a simple interest rate.
What Is a Check?
A check is a written, dated, signed order telling your bank to pay money from your account to someone else. Here’s how a check works, what each part means, and when checks are still worth using.
Understanding the Different Types of Bank Accounts
Checking, savings, money market, and CDs each serve a different purpose. Here’s how the four main bank account types compare — features, limits, interest, and which fits your goals.
Simple Interest Explained: Formula, Examples & How to Calculate It
Simple interest is the most basic way interest is calculated — a flat charge on the original amount. Here’s the I = Prt formula, worked examples, and how it differs from compound interest.
How to Void a Check
Voiding a check makes it unusable so no one can cash or deposit it — and it’s how you set up direct deposit or autopay. Here are the exact steps, plus what not to write over.