Online Checking Accounts
Posted by admin on May 29, 2008 in Finance :: Wealth-Building
Bank of America stinks, just so you know. I’ve been using them for years just because they have ATMs all over town, but now I’m checking out online savings accounts. There are much better deals to be had there. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. I’ve been checking out Bank of the Internet. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. I know some people have issues with not being able to meet their bankers in person, but honestly I don’t really care about that. In fact, I think most people would be better off switching to an online bank.
