cash management accounts
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Banking
Best Cash Management Accounts 2021
You might be wondering what are cash management accounts. To put it simply, it’s a hybrid account that takes advantage of the accessibility and liquidity of checking accounts and the high-interest of savings accounts. Cash management accounts are offered by nonbank financial institutions such as investment firms, insurance companies, and other fintechs. These cash management accounts operate much like checking…
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Banking
Best Checking Accounts from Non-Traditional Banks 2021
These checking accounts from nonbanks are what I call Save and Spending accounts. Save and Spending accounts operate similarly to traditional checking accounts such as accepting direct deposits and access with a debit card to make purchases. The advantage of these accounts includes a fully integrated online and mobile experience. Many of the Save and Spending accounts are cash management…
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