Want to earn hundreds -- or even thousands -- of dollars just for opening a new bank account? With these five banks, you can.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

A term deposit or time deposit is a fixed-period investment option wherein the maturity period ranges from a few months to five years. Fixed deposits are deposits or a period of a few days to 10 years ...

Brooke Enloe is a former banking editor at Forbes Advisor. She is an editor and writer, passionate about producing enlightening content for readers. Her articles are about recent banking news, ...

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A direct deposit was an added perk offered by banks back in the day, but it has become a default option for most users. However, the feature’s ubiquity doesn’t automatically mean that everyone knows ...

A direct deposit was an added perk offered by banks back in the day, but it has become a default option for most users. When paper checks were the norm, people often wanted to know what day a ...

Demand deposit accounts allow immediate money access and are FDIC or NCUA insured up to $250,000. Interest rates on demand deposits are low, reflecting their high liquidity and immediate access ...

Like banks, many types of schemes are run in post offices also. Fixed deposit is also one of them. This is called post office time deposit. The maximum interest available in this is 7.5%. But if you ...

Demand deposit accounts include checking, savings and money market accounts. Demand deposit accounts generally let you use or withdraw money at any time. Savings and money market accounts typically ...