
FDIC Insured Accounts Explained: Requirements, Pros and Cons
An FDIC insured account protects up to $250,000 per depositor per bank if your bank fails. Here is how the coverage works, what qualifies, and how to avoid gaps.

An FDIC insured account protects up to $250,000 per depositor per bank if your bank fails. Here is how the coverage works, what qualifies, and how to avoid gaps.

E*TRADE's Premium Savings Account pays 3.35% APY and doubles standard FDIC coverage through Morgan Stanley's sweep program. Here's how it stacks up and who should actually open one.

Charles Schwab's brokered CDs pay up to 4.30% APY with a $1,000 minimum, but they work differently than bank CDs. Here's what to know before buying in.

BrioDirect pays 3.75% APY with no monthly fee, but the $5,000 minimum deposit and single account option mean it's not for every saver.