Navigating the banking landscape can be overwhelming. Our platform breaks down the basics of checking and savings accounts, unveils the perks of online banking, and guides you through the world of interest rates. Whether you’re opening your first account or looking to optimize your banking strategy, Stilt has you covered. Explore our expert advice and find your ideal banking solution today!

Banking Guides

Closing Accounts

Close a Chase Account

Close a TD Bank Account

Close a Capital One Account

Close a Wells Fargo Account

Close a BofA Account

At a Glance: A cashier’s check is a guaranteed form of payment issued by a bank, commonly used for big purchases to minimize the risk of a bounced check. When requesting a cashier’s check, the bank verifies that you have the funds available and then withdraws the amount from your

At a Glance Yes, minors can open bank accounts through custodial or joint accounts. Custodial accounts are managed by a parent until the child turns 18, while joint accounts allow both the parent and child access. Considerations include fees, minimum balance, and interest rates. Opening an account t…

At a Glance: When cashing a check, an acceptable form of identification is typically a government-issued ID such as a driver’s license or state-issued ID. Some banks may also accept a passport or military ID, but policies can vary. Foreign licenses or out-of-state IDs may not be accepted, and some


At a Glance: A payee is the recipient of a payment made by a payer in exchange for goods or services. It can refer to individuals, businesses, or entities. The payee can receive payment through various means such as cash, check, bank transfer, or digital transfer. In banking, the payee

At a Glance No limitations on the number of checking accounts you can have. FDIC insures up to $250,000 per depositor per bank, setting limits on insured amounts. Reasons for multiple accounts include qualifying for bonuses, separating funds, accessing benefits, and managing FDIC coverage limits. Pr…

At a Glance A family trust facilitates asset transfer to family members, whether revocable or irrevocable. Revocable trusts allow changes and self-trusteeship, while irrevocable trusts have permanent terms and a separate trustee. Trusts help avoid probate, ensure privacy, minimize taxes, and protect…


At a Glance Yes, it is possible to deposit cash at an ATM, but only at ATMs that belong to your bank. You will need to have your debit card, an envelope (if required by your bank), and the cash you wish to deposit. The process involves swiping your card,

At a Glance Pay to order involves financial documents, like checks, requiring endorsement for payment. The payer designates the recipient with “pay to the order of,” and both parties must sign for proper money transfer. Follows Uniform Commercial Code (UCC) rules, preventing unauthorized…

At a Glance To cash your stimulus check, consider local banks, credit unions, or merchants like Walmart. Fees may apply, varying based on the check amount and service provider. Check cashing stores are an option but may have higher fees. Smartphone apps like PayPal, Venmo, or Netspend offer alternat…


At a Glance Checks typically lack a specific expiration date, though some banks may refuse those older than six months. Certain corporate checks might have an expiration date. To deposit at the bank, bring ID, endorse the check, and present it to the teller. Deposit at an ATM by inserting


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