Ken Tumin

Ken Tumin, founder of DepositAccounts.com, which monitors interest rates at more than 8,000 banks and credit unions.

What Interest Rate Cuts Mean for Your Cash
Money Savers

What Interest Rate Cuts Mean for Your Cash

Ken Tumin | March 9, 2024

After short-term interest rates reached their highest levels in two decades last year, savers feasted on 5%+ yields on bank…

Strategies to Make the Most of Your Cash in 2023
Personal Finances

Strategies to Make the Most of Your Cash in 2023

Ken Tumin | February 3, 2023

Cash is no longer trash. Yields on bank and credit union deposit accounts soared in 2022, as the Federal Reserve…

Stop Paying Annoying Bank Fees
Banking

Stop Paying Annoying Bank Fees

Ken Tumin | September 21, 2022

Banking fees are frustrating…and often unfair. Here’s how to determine your financial institution’s potential charges…and avoid paying them. Request disclosure.…

Best Places to Stash Your Cash Now
Banking

Best Places to Stash Your Cash Now

Ken Tumin | May 3, 2022

Lift-off! After punishing savers with two years of near-zero short-term interest rates, the Federal Reserve expects to hike its benchmark…

Smart Money Strategies for 2022
Personal Finances

Smart Money Strategies for 2022

Vitaly Katsenelson | December 15, 2021

The post-pandemic economy and consumer spending are robust. But surging inflation…global supply shortages…stocks near record highs…and bond yields near record…

The Shrewdest Money Moves You Can Make in 2021
Estate Planning

The Shrewdest Money Moves You Can Make in 2021

Neena Mishra, CFA | May 1, 2021

With interest rates way down and stock prices, as well as car prices, way up, Bottom Line Personal asked five financial experts for some of the shrewdest money moves you can make now.

Best Places to Stash Your Cash Now
Banking

Best Places to Stash Your Cash Now

Ken Tumin | June 30, 2020

With the return of low interest rates, savers must draw on some shrewd strategies and search for the best sources of higher yields on their savings. Here’s some help.

Your Bank Safe-Deposit Box Might Not Be as Safe as You Think
Banking

Your Bank Safe-Deposit Box Might Not Be as Safe as You Think

Ken Tumin | October 21, 2019

Losses from safe deposit boxes are not uncommon for reasons ranging from bank mistakes to floods.

How to Earn Much More on Your Savings Now That Interest Rates Are Rising
Banking

How to Earn Much More on Your Savings Now That Interest Rates Are Rising

Ken Tumin | May 15, 2018

After more than a decade of extraordinarily low interest rates, savers are finally seeing yields perk up now.

The 6 Worst Investments You Could Make Now
Portfolio Strategy

The 6 Worst Investments You Could Make Now

Ken Tumin | March 5, 2018

Don’t make these terrible choices that could quickly drain your investments and savings.

Top 10 Credit Unions Anyone Can Join
Banking

Top 10 Credit Unions Anyone Can Join

Ken Tumin | December 18, 2017

There is no shortage of reasons for consumers to consider abandoning banks. And credit unions are attracting many of those disaffected customers.

Best Interest Rates on Savings Accounts, CDs and Checking Accounts
Banking

Best Interest Rates on Savings Accounts, CDs and Checking Accounts

Ken Tumin | June 5, 2017

Can you finally start making some money on your savings? The Federal Reserve has raised its benchmark interest rate twice…

Bank Inactivity Fees More Common Than You Think
Banking

Bank Inactivity Fees More Common Than You Think

Ken Tumin | March 15, 2017

Does it seem like your bank charges fees for everything these days? It might be worse than you think—some banks…

Best Places to Stash Your Cash Now
Banking

Best Places to Stash Your Cash Now

Ken Tumin | July 6, 2016

Years of low interest rates have caused savers to throw their hands up in frustration. They can’t find any place…

Banks Create New Accounts with Higher Yields
Banking

Banks Create New Accounts with Higher Yields

Ken Tumin | May 22, 2016

Newly created savings accounts are offering higher yields. Several online banks have created the accounts to attract new customers, while…