Banking Learn Center

Everything you need to know to help your money grow, from banking basics to free tools.

Basics

Savings Accounts vs Checking Accounts

What are the differences and similarities between these two popular accounts? Find out here.

APY vs APR

Don't know the difference between annual percentage yield (APY) and annual percentage rate (APR)? We can help.

How to Open a Bank Account

For most people, opening a bank account is a pretty quick and painless process. Here's what to know.

What's Included on a Bank Statement?

Learn more about the document that shows payments, withdrawals, and deposits to and from your bank account.

Types of Accounts

Types of Savings Accounts

Some savings accounts allow you to earn more interest, while others allow you to access the money more easily.

What Is a Joint Bank Account?

A joint bank account is one owned by two or more people, and there are pros and cons to this setup.

Are CDs Worth It?

Many CDs earn higher interest than other types of accounts, but you can't access the money for a long time.

Money Market Accounts vs CDs

CDs and money market accounts are both interest-bearing, but the differences mean a lot for your money.

Bank FAQs

Understanding Online Banking Options

Ready to ditch your brick-and-mortar bank? Here's what you should consider in an online bank.

What's the Difference Between a Credit Union and a Bank?

Credit unions and banks both offer similar products and services, but there are some key differences.

How to Switch Banks

How to close an account and put the cash into a new account at another bank.

Are Banks Open Today?

Wondering what days count as bank holidays? Here's a full list of when banks aren't open for business.

Tools & Reviews

Savings calculator: How Much Will Your Savings Grow?

Try our free calculator that forecasts how much interest you will earn over time.

Betterment Smart Saver

Need an easy way to save money with low risk and high interest? Find out if Betterment Smart Saver is for you.

Betterment Smart Saver vs. Marcus by Goldman Sachs

Looking for online high-yield savings account options? Here's how Betterment's Smart Saver and Marcus by Goldman Sachs stack up.