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Online Banking Accounts
By Credit Federal | Published 01/11/2012
Many people have discovered the benefits of online bank checking accounts. Mainly the 24 hour banking availability, the instant transfers, and the ease of bill paying and tracking expenses.

FDIC Online Banking Suggestions:

  • See if your current bank offers online account, and whether they are any fees. Most banks don't charge for basic Internet banking such as reviewing your account balances and transferring funds between accounts. If your bank doesn't offer Internet banking or the fees seem high, shop around. Visit the Web sites of other banks to compare their Internet banking services and the fees and limitations.
  • Review ratings. Each year, independent consultants rate various institutions' Internet banking services for reliability, speed and ease of use. You may want to take a look at these ratings before you pick an institution for online banking.
  • Consider mobile banking. That refers to the relatively recent ability to do your banking not just from your home computer but also from a smartphone or a tablet computer. Check the bank's Web site to confirm that your mobile device can be used and that you understand which services are available.



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