Online banking makes managing your accounts and paying your bills easier than ever. With online banking you are in control of your finances.
- Higher Interest Rates
While many traditional banking institutions offer online banking, there are also banks that operate exclusively online. In either case, you may be able to receive higher interest rates because the bank has a lower overhead when managing your account.
- View Account Information
You don't have to call for your account balances - you can see your checking, savings, and credit card transactions online as they post to your account. You don't have to go into a physical bank location with online banking. With online banking, all the information you need to know is available for you at anytime of the day. Most importantly, the information is presented to you at your own pace. You will never feel pressure or the anxiety that you may encounter if you have to deal with a live customer service representative or bank teller.
- Pay and Receive Bills Online
Most online banks offer bill payment service that allow you to make payments online and even receive online bills and statements.
- Transfer Funds (between accounts)
Transfer funds between your bank accounts quickly and conveniently. You can use this to do things like move money from your savings account to your checking account to cover a check you had to write unexpectedly.
- Save Time and Money
You can get a lot more done online. Change your address, reorder checks, send a question to customer service, and much more. You can take care of all of your banking tasks online in less time than it would take you to get in your car and drive to the bank.
ING Direct (iStudentCity highly recommended!!)
Earn 3.15% annual percentage yield with the Orange Savings Account - No Fees, No Minimums & No need to change banks! FDIC Insured.