About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005, which evolved into DepositAccounts. He has been frequently referenced by The New York Times, The Wall Street Journal, and other publications as a banking expert.


Popular Posts

Bank Deals Blog

PayPal Prepaid Mastercard Review
PayPal Prepaid Mastercard Review
Written by Tara Mastroeni | Edited by Rebecca Stropoli | Updated on 11/17/2025

As prepaid debit cards go, the PayPal Prepaid Mastercard is a solid option, but it may hold little appeal if you don’t already have a PayPal account or aren’t willing to...

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OFX Money Transfer Review
OFX Money Transfer Review
Written by Theresa Stevens | Edited by Rebecca Stropoli | Updated on 11/14/2025

OFX is a global money transfer service designed for sending funds abroad in the recipient’s local currency. In this OFX money transfer review, we break down how the service works...

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Walmart MoneyCard Review
Walmart MoneyCard Review
Written by Katie Ziraldo | Edited by Rebecca Stropoli | Updated on 11/11/2025

If you visit Walmart stores often, you may want to open a Walmart MoneyCard — a prepaid debit card that earns cash back rewards and even pays interest on savings. Still,...

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Bluebird Prepaid Debit Card Review
Bluebird Prepaid Debit Card Review
Written by Theresa Stevens | Edited by Rebecca Stropoli | Updated on 11/07/2025

The Bluebird® American Express® prepaid debit account, also known as the Bluebird prepaid debit card, is a reloadable card for making purchases, paying bills and sending money without a traditional bank...

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Wise (formerly TransferWise) Money Transfer Review
Wise (formerly TransferWise) Money Transfer Review
Written by Theresa Stevens | Edited by Ali Cybulski | Updated on 11/04/2025

If you’re looking to send money from the U.S. to another country, Wise (formerly TransferWise) is an option worth considering. Wise offers clear pricing, low fees and user-friendly digital tools. In...

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What Is the Prime Rate Today?
Written by Theresa Stevens | Edited by Becca Stanek | Updated on 11/03/2025

The prime rate today is 7.00%. This is the interest rate banks and other lenders offer to borrowers with the strongest credit histories, known as “prime borrowers.”

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CD Early Withdrawal Penalty Calculator: Are Penalties for Breaking a CD Worth It?
Written by Theresa Stevens | Edited by Ali Cybulski | Updated on 10/30/2025

Certificates of deposit (CDs) are a safe way to grow your savings. They typically earn higher interest rates than traditional savings accounts and are backed by federal deposit...

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What Is a MoneyPak?
What Is a MoneyPak?
Written by Katie Ziraldo | Edited by Rebecca Stropoli | Updated on 10/29/2025

A MoneyPak card is a simple way to add cash to another prepaid or bank debit card without a traditional bank account. You can buy the card, which is issued by...

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Interchange Fees: What They Are and How They Work
Interchange Fees: What They Are and How They Work
Written by Tara Mastroeni | Edited by Michael Kitchen | Updated on 10/27/2025

Every time you swipe a card at the register or purchase something online, the merchant you’re buying from is charged an interchange fee. Although these credit card processing fees aren’t...

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What Is a CD Ladder?
Written by Theresa Stevens | Edited by Becca Stanek | Updated on 10/14/2025

Building a CD ladder means spreading your money across multiple certificates of deposit (CDs) that have staggered maturity dates. This strategy allows you to enjoy the benefits of CDs — like...

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Wells Fargo vs. Chase: Which Is Better for Your Money?
Wells Fargo vs. Chase: Which Is Better for Your Money?
Written by Katie Ziraldo | Edited by Rebecca Stropoli | Updated on 10/09/2025

Wells Fargo Bank and Chase Bank are two of the biggest banks in the U.S., with nationwide reach and a wide variety of accounts. In this guide, we compare their checking,...

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Short-Term CDs: Are They Right for You?
Short-Term CDs: Are They Right for You?
Written by Katie Ziraldo | Edited by Rebecca Stropoli | Updated on 10/08/2025

If you want to earn more on your savings without locking it up for years, a short-term certificate of deposit (CD) could be a smart choice. Typically lasting three months to...

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