Online Banking Articles & Guides

A Step by Step Guide to Opening an Online Bank Account

Whether it’s grocery shopping, getting a mortgage, or managing your money—doing things online is more convenient. Most major banks let you do some things with online banking or even mobile banking, but they generally still require you to turn up in person to open an account.

Are No-Fees Banks Becoming the Norm in 2021?

Aug. 24, 2021

Are No-Fees Banks Becoming the Norm in 2021?

Find out how digital banking is disrupting the scene in major ways and how you can take advantage of no or low-fee financial products in 2021.

5 Steps for Switching to an Online Bank

Surveys over the years have consistently shown that most Americans prefer to stick with their existing bank even when they know they are being charged too much.

How to Choose the Right Online Bank for You

How to Choose the Right Online Bank for You

So, you’ve decided to open an account with an online bank? Online banks offer many benefits over regular banks, including more convenience, lower fees, and no waiting in lines.

Go Digital! How Online Banking Can Keep You Safe During COVID-19

Go Digital! How Online Banking Can Keep You Safe During COVID-19

Until recently, using online banking services was an alternative to going to your good old brick-and-mortar bank. But nowadays, digital banking is the only way to go.

COVID-19 Crisis Is a Financial Wake up Call for Millennials and Gen Zers

COVID-19 Crisis Is a Financial Wake up Call for Millennials and Gen Zers

We began 2020 in a fairly healthy economy—stock market prices were high and unemployment rates were low. The COVID-19 crisis derailed financial security for millions of millennials and Gen Zers in a short span of time.

Should You Invest or Put Your Money Into a Savings Account?

Should You Invest or Put Your Money Into a Savings Account?

The stock market is up 13% year-to-date, house prices are high, and your friend is telling you to buy Bitcoin. With so many ways to invest money, is a savings account worth considering? We run the ruler over the pros and cons of opening an online savings account.

What Is a Savings Account and How Does it Work?

What Is a Savings Account and How Does it Work?

A savings account is a type of bank account that allows you to store your money in a safe place and earn interest. The rules and interest rates vary from bank to bank. Some savings accounts require a minimum balance, while others don’t have any requirements. The average APY, or annual percentage yield, for savings accounts is currently around 0.10%. Top online banks promise APYs as high as 2.25%.

Hey Big Spender: Here’s What You Can Do With That Government Check

Hey Big Spender: Here’s What You Can Do With That Government Check

Millions of Americans are set to receive a stimulus check of up to $1,200 in the wake of COVID-19. Find out who’s eligible, for how much, and the best way to manage your relief money.

Social Distancing Forced Americans to Bank Online and They Loved It

Social Distancing Forced Americans to Bank Online and They Loved It

According to a recent survey, most Americans stated that online banking assisted them in managing their finances during the pandemic. Will this trend lead to a digital revolution?

How Banks Are Building Trust with Customers in {year}

Aug. 18, 2021

How Banks Are Building Trust with Customers in 2021

While the 2008 financial crisis has deteriorated Americans’ trust in banks to a record low, COVID-19 may actually be a turning point for the good.

Millennials and Gen Zers Are Disrupting Online Banking

Aug. 19, 2021

Millennials and Gen Zers Are Disrupting Online Banking

The bank branch as we know it could soon become a relic of the recent past, like the telephone box and Rolodex. That’s because people in their twenties and mid-thirties are embracing digital banking more quickly than their older counterparts.

Small Business Owners, Choose an Account That Fits Your Lifestyle

Jun. 25, 2021

Small Business Owners, Choose an Account That Fits Your Lifestyle

So, you’re setting up a new business, and there are plenty of exciting decisions to make. What should you name your company? How many employees should you hire? Do you need a website? Although questions relating to your business checking account may not be as exciting, choosing the right banking product could play a vital role in ensuring your day-to-day operations run as smoothly as possible.

Professional Tips on How to Manage Your Money During Chaotic Times

Jun. 25, 2021

Professional Tips on How to Manage Your Money During Chaotic Times

We gathered four leading personal finance professionals to discuss the state of the economy, how it affects American households and what you can do to keep your head above water during this high tide.

MMA vs. CD Accounts: Which Should Be Your Choice?

Jun. 25, 2021

MMA vs. CD Accounts: Which Should Be Your Choice?

Certificates of Deposit (CDs) and Money Market Accounts (MMAs) can be excellent options for those looking to earn more interest on their savings. However, in order to know which product is right for you, it’s important to learn about the pros and cons of each, as well as any possible strings it may come attached to.

Enjoy the Best of Both Worlds with a Money Market Account

Jun. 24, 2021

Enjoy the Best of Both Worlds with a Money Market Account

Money market accounts are savings deposit accounts that are offered by many different banks, credit unions, and other financial institutions. They are a popular option if you want to make the most of your savings, offering savers a way to enjoy higher interest rates without giving up on easy access to funds.

Make the Most of Your Money with a High-Yield CD Account

Jun. 24, 2021