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About Ken Tumin

Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.


Popular Posts

Bank Deals Blog: Deposits Education and Strategies

FEATURED IN DEPOSITS EDUCATION AND STRATEGIES

Best No Penalty CD Rates
Best No Penalty CD Rates
Best No Penalty CD Rates
Written by James Ellis | Updated on 11/5/2019

Certificates of deposit (CDs)...

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The Best Cash Management Accounts
The Best Cash Management Accounts
Written by James Ellis | Updated on 11/5/2019

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The Best Checking Accounts in November 2019
The Best Checking Accounts in November 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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The Best CD Rates in November 2019
The Best CD Rates in November 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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The Best Money Market Account Rates in November 2019
The Best Money Market Account Rates in November 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any...
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The Best Savings Accounts in November 2019
The Best Savings Accounts in November 2019
Written by Lauren Perez and Ken Tumin

Editorial note: Any opinions, analyses, statements, reviews or recommendations expressed in this article are those of the authors' alone,...
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As Rates Fall, the Appeal of High-Yield Reward Checking Grows

After yesterday’s Fed rate cut (the third since July), I’m afraid savers should expect more rate cuts on their online savings accounts. As those rates fall, high-yield reward checking accounts are looking more attractive as an alternative for your liquid funds. There are still options to earn 2.40% on savings accounts, but as those rates fall, the 3%+ rates currently available on reward checking accounts will become more appealing.

Below is a table of reward checking accounts that currently earn at least 3.00% APY on balances of at least $25k....

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Banking 101: Everything You Need to Know About Annuities
Banking 101:  Everything You Need to Know About Annuities
Written by Andrew Dunn | Published on 10/31/2019

Note: This article is part of our Basic Banking series, designed to provide new savers with the key skills to save smarter.

Pensions used to be a common feature of company benefit plans. After a long career, retirees would enjoy a steady paycheck month after month as a reward for their work.

Annuities are a more modern approach to the same end result. They are an investment product that offers the security of guaranteed income in your retirement years.

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Review of the Twine App
Review of the Twine App
Written by Brynne Conroy | Published on 10/31/2019

Twine is a fintech platform provided by John Hancock, a financial services firm that dates back to 1862. But just because a firm has a long history doesn’t mean it necessarily offers the best product.

Twine offers a cash management account with a low APY, slow transfers and relatively high management fees if you open an additional taxable investing account. Its cash management account is administered by a clearinghouse rather than a bank, making the reliability of Federal Deposit Insurance Corp. (FDIC)...

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What is Rize and How Does it Work?
What is Rize and How Does it Work?
Written by Brynne Conroy | Published on 10/31/2019

Rize has not yet officially launched, though the fintech platform is expected to offer savings and investment accounts.

Despite a high interest rate and — at first glance — a seemingly fairly priced product, there are some questions you should ask yourself before considering Rize, including whether the cash you keep in your Rize account is safe.

It’s important to note: There are online reviews of Rize from 2018 and 2019 that would indicate Rize’s products have been previously available or are still...

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