5 Bank Fees That Are Draining Your Savings
- Monthly maintenance fees
- Minimum balance fees
- ATM fees
When you’re preparing to move cross-country, it might seem that the only thing longer than the move itself is the accompanying to-do list. On that long list, you may find yourself having to find a new bank in your new city. Choosing a new bank is not always easy. In fact, it can be a hassle considering the time spent traveling to the nearest location just to open an account.
The growth of online banking has alleviated the headaches associated with switching banks. With online banks, you have the ability to open checking accounts without having to visit a physical location. You receive many of the same features with an online checking account, and there may even be added benefits like cash back rewards.
Online checking accounts paired with a mobile banking app will allow you to complete many transactions without stepping into a bank, including:
By opening an online checking account, you are ensured online banking access to your accounts with an internet or cell phone connection. You’re not restricted to normal banking hours. Also, the availability of customer service via phone or Internet allows you to avoid traveling to a bank and waiting in line for assistance.
Choosing the Right Bank
Choosing a bank is a process which involves many considerations. When selecting a bank, you may want to ask yourself the following questions:
Moving involves making many major decisions, including the choice of bank to use. Online checking accounts transform the moving process by providing accessibility at any time and in any place. With an online checking account, you may avoid the hassle of switching banks in the future.
Procrastinating on social media much? Turn a mindless habit into a money-saving routine.Read Article
You earned it.
Now earn more with it.
Online savings with no minimum balance.Start Saving
Discover Bank, Member FDIC
If you're unsure where your money goes each month, learn how to use this banking tool.Read Article
With some creativity and help from friends, it's easy to plan a baby shower on a budget that's right for you.Read Article
Summer excitement have you overspending? Follow these tips to be budget-ready for fall.Read Article
No matter your age, there are steps to take to ensure retirement bliss is in your future.Read Article