Soft switching is opening a new bank account without closing your original one. Here's why you might want to do this and how to manage multiple accounts.

Start by identifying your primary banking needs: checking, savings, CDs or specialized services. Avoid banks with excessive ...

You also may want to consider opening multiple checking accounts for different uses. For example, maybe you want to keep a checking account open with the same bank that handles your mortgage so that ...

A common rule in personal finance is to diversify your income, but that same theory can apply to your bank accounts. Spreading out your money across different checking and savings accounts can mean ...

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SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...