Online vs. Banking at a Branch: Which is Better for You Check out the benefits of banking from your phone and your computer. Banking is supposed to be built around you and your finances, regardless if you use online banking or go to your local branch. The real question is, which is better for you and why? Both online banks and traditional branches have their advantages – they’re convenient in their own way, provide unique services and offer interest rates as competitive as possible. Which do you prefer? That’s for you to decide, and when you do, Discover Bank is here to answer any questions you have about online banking.