Key Takeaways Many people open new bank accounts without closing their old ones, a trend known as soft switching.Having multiple accounts can help you take advantage of higher interest rates, protect ...

Most banks don't charge, but some have early closeout fees Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three ...

Benzinga's choice for the best online bank account with instant debit card access is Chime. For first timers, Current is best for providing credit building features. Once you open an account, you want ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...