bank fees

Frugal Living, Saving Money & Life Hacks

How To Choose An Online Bank: 7 Features To Look For

Personal encounters that previous generations took for granted have either disappeared entirely, or are getting pretty darn close to extinction. Wherefore the milkman? The telephone company operator? The research librarian? And, with ever-growing frequency, the bank teller… Online banks have become a reality, in large part because they are so convenient. Ridiculous fees are easy to dodge, too. It’s not unusual for big brick-and-mortar banks to charge $30 or more a month, even if you’re an outstanding customer—even though they’re already making money off of holding your money. If that makes you mad as hell, it might be time to find an online bank. But how do you choose? Just recently, GOBankingRates.com released a list of top 10 online banks. Ally Bank finished first

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