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 Benninger’s 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.
Michael’s editorial endeavors began with roles as a writer and editor for several magazines and newspapers in Southern California. That phase of Michael’s 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 he’s 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 It’s Due: How To Avoid Financial Avalanche By Snowballing Debt
Education
Bachelor’s degree in business administration with a concentration in marketing, Rowan University
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High-Yield Savings Account Rates Today: July 30, 2024
Rates on savings accounts are going up. You can now earn 5.84% or higher on your savings. Searching for an account where you can park some cash? Here’s a look at some of the best savings rates you can find... -
Money Market Interest Rates Today: July 30, 2024 — Earn Up To 5.13%
Current Money Market Rates The current average money market rate is 0.61%, while the highest rate is up to 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of July... -
Money Market Interest Rates Today: July 29, 2024 — Rates Move Upward
Current Money Market Rates As of today, the highest money market rate is 5.13% compared to a national average rate of 0.61%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as... -
High-Yield Savings Account Rates Today: July 29, 2024
Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Shopping for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates... -
Today’s CD Rates: July 29, 2024—Take Home More Than 5%
Today’s best interest rates on CDs—certificates of deposit—range as high as 5.39%, depending on the CD’s term. That’s far higher than CD rates were a few years ago. Here’s an overview of today’s best CD rates. Related: Compare the Best... -
Money Market Interest Rates Today: July 26, 2024 — Earn Up To 5.13%
Current Money Market Rates The current average money market rate is 0.61%, while the highest rate is up to 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of July... -
High-Yield Savings Account Rates Today: July 26, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can park some cash? Here’s a look at some of the... -
CD Rates Today: July 26, 2024—Earn 5% Or More
The best interest rates on CDs (certificates of deposit) currently top out at 5.39%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for several different terms. Related:... -
High-Yield Savings Account Rates Today: July 25, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best... -
Money Market Interest Rates Today: July 25, 2024 — Earn Up To 5.13%
Current Money Market Rates The current average money market rate is 0.61%, while the highest rate is up to 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of July... -
CD Rates Today: July 25, 2024—Earn Up To 5.39%
The best interest rates on CDs (certificates of deposit) currently top out at 5.39%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for several different terms. Related:... -
Money Market Interest Rates Today: July 24, 2024 — Rates Move Upward
Current Money Market Rates Right now, the average money market rate sits at 0.61%, but the best rate today is 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of... -
CD Rates Today: July 24, 2024—Earn Up To 5.39%
As of today, the best interest rates on CDs—certificates of deposit—pay up to 5.39%, based on certificate term lengths. Here’s an overview of how CD rates are changing, followed by a guide to the current top CD rates across different... -
High-Yield Savings Account Rates Today: July 24, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Shopping for an account where you can put some money aside? Here’s a look at some of the best... -
CD Rates Today: July 23, 2024—Earn Up To 5.39%
The best interest rates on CDs (certificates of deposit) currently top out at 5.39%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for several different terms. Related:... -
High-Yield Savings Account Rates Today: July 23, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look... -
Money Market Interest Rates Today: July 23, 2024 — Earn Up To 5.13%
Current Money Market Rates Right now, the average money market rate sits at 0.61%, but the best rate today is 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of... -
Best High-Yield Savings Accounts For August 2024
High-yield savings accounts can help you grow your savings faster than traditional savings accounts. The best high-yield savings rates currently range from APY to APY—far higher than the national average savings account rate of , according to the Federal Deposit... -
Today’s CD Rates: July 22, 2024—Earn 5% Or More
The best interest rates on CDs (certificates of deposit) currently top out at 5.39%, depending on the term. Here’s a look at how CD rates are trending, along with an overview of the best rates for several different terms. Related:... -
High-Yield Savings Account Rates Today: July 22, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. Searching for an account where you can save for a rainy day or retirement? Here’s a look at some... -
Money Market Interest Rates Today: July 22, 2024 — Rates Stay About The Same
Current Money Market Rates As of today, the highest money market rate is 5.13% compared to a national average rate of 0.61%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as... -
Money Market Interest Rates Today: July 18, 2024 — Earn Up To 5.13%
Current Money Market Rates Right now, the average money market rate sits at 0.61%, but the best rate today is 5.13%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as of... -
Today’s CD Rates: July 18, 2024—Earn 5% Or More
Today’s best interest rates on CDs—certificates of deposit—range as high as 5.39%, depending on the CD’s term. That’s far higher than CD rates were a few years ago. Here’s an overview of today’s best CD rates. Related: Compare the Best... -
High-Yield Savings Account Rates Today: July 18, 2024
Rates on savings accounts are going up. You can now earn 5.84% or higher on your savings. Searching for an account where you can put some money aside? Here’s a look at some of the best savings rates you can... -
Money Market Interest Rates Today: July 17, 2024 — Earn Up To 5.13%
Current Money Market Rates As of today, the highest money market rate is 5.13% compared to a national average rate of 0.61%. Here are today’s money market account rates: Average APY: 0.61% Highest Rate: 5.13% Source: Curinos. Data accurate as... -
CD Rates Today: July 17, 2024—Earn Up To 5.39%
Today’s best interest rates on CDs—certificates of deposit—range as high as 5.39%, depending on the CD’s term. That’s far higher than CD rates were a few years ago. Here’s an overview of today’s best CD rates. Related: Compare the Best... -
High-Yield Savings Account Rates Today: July 17, 2024
Rates on savings accounts are rising. You can now earn 5.84% or higher on your savings. Shopping for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates... -
CD Rates Today: July 16, 2024—Earn Up To 5.39%
Today’s best interest rates on CDs—certificates of deposit—range as high as 5.39%, depending on the CD’s term. That’s far higher than CD rates were a few years ago. Here’s an overview of today’s best CD rates. Related: Compare the Best... -
High-Yield Savings Account Rates Today: July 16, 2024
Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look...
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.