Online Banks
Posted by admin on January 5, 2008 in Finance :: Wealth-Building
I’ve been looking into online banks lately. I’ve had enough of big local banks. Lousy rates and high fees - why stick with them? It’s time for a change, so I’m going to try something new. I mean with the rates most big banks pay you, you’re not even keeping up with the huge rate of inflation in this country. Not even close. You’re actually losing money in real terms. Not exactly the sort of reward you’d like to get for saving. Specifically, WaMu Online Personal Checking is a great deal. They pay good rates, and don’t charge all of those hidden fees that the big boys are always hitting you with. I mean, who wants to wait in line at a bank branch when you can get your business done in a few seconds online? In fact, I think most people would be better off switching to an online bank.