About
With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, Insider and the Los Angeles Times, and he's been quoted by The Street and Yahoo Finance among other news outlets. Prior to his role at Forbes Advisor, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products.
Michael Benningerโs passion for personal finance began when he worked as a part-time credit analyst during college. It was then he learned the importance of maintaining a clean credit report and paying bills on time. This knowledge helped Michael develop a strong foundation of healthy financial habits as he pursued a career in writing after graduation.
Michaelโs editorial endeavors began with roles as a writer and editor for several magazines and newspapers in Southern California. That phase of Michaelโs career was followed by a role as a full-time in-house writer at a marketing agency, where he had the opportunity to write for the personal finance app Mint and its parent company, Intuit. This experience sparked in Michael a newfound desire to help readers make smart moves with their money.
From 2020 to 2022, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products. And today, he serves as the lead editor of banking at Forbes Advisor, a role that has him oversee topics including checking accounts, savings accounts, money market accounts, CDs, budgeting and more. His goal remains to help readers make smart moves with their money.
Michael currently lives outside Philadelphia and loves spending time with his wife and daughter when heโs not working.
Expertise
- Banking
- Checking
- Savings
- Certificates of deposit
- Money market accounts
Achievements
- Former credit analyst
- More than 15 years of writing and editing experience
- Published by Mint, Insider and the Los Angeles Times, among others
Other Publications
- 5 tips to ace your first-ever salary negotiation
- How to Pay off Student Loan Debt
- Credit Where Itโs Due: How To Avoid Financial Avalanche By Snowballing Debt
Education
Bachelorโs degree in business administration with a concentration in marketing, Rowan University
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Best Checking Accounts Of August 2025
We analyzed 362 checking accounts across 138 financial institutions, ranking each on 17 data points, including fees, minimum deposit requirements and customer experience, to determine the overall best accounts. Additionally, we go over what you need to open a checking... -
CD Rates Today: August 29, 2025 โ Earn As Much As 4.94%
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
High-Yield Savings Account Rates Today: August 29, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are relatively unchanged from last... -
Money Market Interest Rates Today: August 29, 2025 โ Earn Up To 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates Right now,... -
Money Market Interest Rates Today: August 28, 2025 โ Earn Up To 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of... -
High-Yield Savings Account Rates Today: August 28, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
CD Rates Today: August 28, 2025 โ Earn As Much As 4.94%
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
Average Savings Account Interest Rates Of 2025
According to FDIC data, the average interest rate on savings accounts is currently . That rate is much higher than it was prior to the pandemic, but it's far lower than what the best savings accounts pay. Average Interest Rate... -
Current CD Account Interest Rates In 2025
If you hope to earn high interest on money you set aside in a certificate of deposit (CD), youโll want to consider opening an account soon. CD rates have been slowly decreasing since late 2024, and theyโre expected to get... -
CD Interest Rates Forecast: Will CD Rates Go Up In 2025?
The Federal Reserve held rates steady at its latest policy meeting, keeping the target range between 4.25% and 4.50%, a cautious pause as central bankers weigh inflation, job growth and tariff impacts. For consumers, that pause may be as good... -
High-Yield Savings Account Rates Today: August 26, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
High-Yield Savings Account Rates Today: August 27, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
CD Rates Today: August 26, 2025 โ Earn As Much As 4.94%
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
CD Rates Today: August 27, 2025 โ Forbes Advisor
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
Todayโs Top Money Market Account Rates For August 26, 2025 โ Rates Hit 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates Right now,... -
10 Best Online Banks Of 2025
The best online banks offer a healthy mix of high APYs, low fees and reasonable minimum requirements. After comparing these and several other factors across 60 nationally available online banks, we determined that Bank5 Connect is the best online bank... -
Money Market Interest Rates Today: August 25, 2025 โ Rates At 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of... -
Money Market Interest Rates Today: August 27, 2025 โ Earn Up To 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current... -
CD Rates Today: August 25, 2025 โ Rates Tick Higher
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
High-Yield Savings Account Rates Today: August 25, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
Money Market Interest Rates Today: August 22, 2025 โ Earn Up To 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of... -
CD Rates Today: August 22, 2025 โ Rates Move Higher
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
High-Yield Savings Account Rates Today: August 22, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
Savings Rates Forecast 2025: How High Will Rates Go In 2025?
If your savings account feels more like dead weight than a money-maker, youโre not wrong. But hereโs the thing: not all savings accounts are dragging their feet. In 2025, the average U.S. savings account yields just , according to the... -
Money Market Interest Rates Today: August 21, 2025 โ Earn Up To 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current... -
CD Rates Today: August 21, 2025 โ Rates Move Higher
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money... -
High-Yield Savings Account Rates Today: August 21, 2025 โ Rates Are Steady
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to... -
Money Market Interest Rates Today: August 20, 2025 โ Rates At 4.35%
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates Right now,... -
CD Rates Today: August 20, 2025 โ Rates Rise
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money...
About
With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, Insider and the Los Angeles Times, and he's been quoted by The Street and Yahoo Finance among other news outlets. Prior to his role at Forbes Advisor, Michael worked as a banking writer for Finder.com, where he authored in-depth reviews of hundreds of banking products.