nickelsavings

Better Banking checklist

16 steps to bank accounts that cost less and savings that work harder.

Track your progress with a free accountGet the free Sinking Funds Workbook

Review your accounts

Half an hour with your statements.

  • Find every fee on your last three statements Guide
  • Read your account's fee schedule Guide
  • Confirm your bank or credit union is insured Guide
  • Check the interest rate on your savings Guide

Cut the fees

Most fees are avoidable.

  • Opt out of debit card overdraft coverage, or link savings Guide
  • Turn on low-balance alerts Guide
  • Find in-network ATMs near you Guide
  • Meet your fee waiver, or move to a free account Guide

Grow your savings

Let your money earn something.

  • Compare high-yield savings options Guide
  • Decide whether a CD or CD ladder fits any savings Guide
  • Expect a 1099-INT at tax time Guide
  • Switch banks if your current one keeps costing you Guide

Save for what's coming

No more surprise bills.

  • List your yearly and occasional expenses Guide
  • Set up sinking funds with monthly amounts Guide
  • Automate one transfer for all of them on payday Guide
  • Save for your next big purchase instead of financing it Guide