Personal Banking

Understanding basic bank services can help you make better financial decisions. Learn about personal banking and how to teach your kids about money.

Understanding basic bank services can help you make better financial decisions. Learn about personal banking and how to teach your kids about money.

Most Popular

Did you know?
from Better Money Habits

If possible, limit withdrawals and bill payments from your savings account as a way to avoid monthly withdrawal fees from banks.

How do I use a certificate of deposit?

Explore visual story

How to talk to kids about spending thoughtfully

Explore visual story

Explaining Interest & How it Works to Your Children

Explore visual story

Is my money FDIC insured?

Explore visual story

How to talk to your kids about their first debit card

Explore visual story

New to the U.S.? Follow these 7 steps to set up your finances

A new country can mean navigating a new financial life. Follow these 7 steps to set yourself up for financial success in the US.

Read more

10 questions to ask about your checking account

Minimum balance? ATM fees? Before you open a checking account, ask these 10 questions to figure out if it’s right for you.

Read more

Credit vs. debit: What’s the difference?

Credit and debit cards look the same, but they both serve different purposes. Know the difference and how to use each.

View infographic

What is a CD and how do they work?

Learn the certificate of deposit definition and how this low-risk savings method lets you earn interest on your money at a faster rate than a savings account.

Read more

6 steps to help a middle or high schooler budget

Basic budgeting skills can help your child plan their spending and set them up for long-term success handling money. Here are 6 steps to get them started.

Read more

8 checking account features everyone should know

The features that come standard in your checking account can help you stay on top of your finances. Check out this list to make sure you’re getting the most out of yours.

Read more

Preparing your child to make borrowing decisions

Watch video

How to transfer money online to friends and family

Here are the ways you can use your phone or computer to quickly and easily send money to someone you know.

Read more

When to open a banking account for your child

Watch video

How banks process deposits

Watch video

What is the difference between checking and savings accounts?

Knowing how and when to use each type of account can help you get the most out of your money.

View infographic

8 common bank fees—and how to avoid them

Many bank fees are avoidable with a little planning. Here’s a rundown of 8 common fees banks charge—and tips to help avoid them.

Read more

How to open and use savings accounts for kids

Savings accounts for children can help them build good financial habits and prepare for the future. Here’s what you need to know about them.

Read more

The 5 most important financial lessons for teens

View infographic

What is a Digital Wallet?

View infographic

What an interest rate increase—or decrease—really means

Watch video

How to teach children the basics of budgeting

View infographic

International student? 7 reasons why opening a U.S. bank account can help

Learn how a U.S. bank account can help you save on transaction fees and make it easier to manage your finances.

Read more

A guide to U.S. banking for international students

Moving to the U.S. as a student means also learning about American financial institutions. Check out this guide to get started banking in the U.S.

Read more

Tips to Teach Your College Age Kids Financial Responsibility

There's no age limit for helping your kids learn to manage money. Explore our tips for letting your college age kids benefit from your experience.

Read more at MerrillEdge.com

How to pay using your phone

Make paying for things easier with a Digital Wallet. Learn how to set up—and use—your phone for a seamless shopping experience.

View infographic

Teen guide: How to handle your first debit card

View infographic

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Investment products:

Are Not

FDIC Insured 

Are Not

Bank Guaranteed

May Lose Value