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nbkc offers several advantages over traditional banks, including greater transparency. With regular banks, there are often dozens of charges hidden in the fine print. nbkc offers most of their services for free, but when they do charge for something (such as a wire transfer) they are upfront and transparent with their fees.
Some of the best reasons to choose nbkc over a regular bank:
Truth be told, nbkc doesn’t offer many features beyond those you’d expect to find at a regular bank. For example, it doesn’t offer support for check scanning or other types of innovative features found at rival online banks.
Here are some of the features you can get with nbkc’s online banking:
nbkc’s strength is offering traditional banking services online. With nbkc, you not only have somewhere to deposit, store, and withdraw money at no cost, you also get access to a variety of loan and mortgage products.
These are nbkc’s top traditional banking services:
nbkc offers 2 types of personal bank accounts. The nbkc Everything Account is a personal checking and savings in one account with unlimited transactions and a 0.25% APY. The nbkc Personal Money Market account is a savings account with up to 6 withdrawals/debits per month, and an APY of 0.40%. nbkc allows customers the option of opening both accounts and moving money freely between them.
Overall, nbkc’s rates are very competitive in comparison to other online banks. Their APYs, or annual percentage yields, are much better than the national average of 0.10% APY across the more than 73,000 financial institutions surveyed by S&P Global Market Intelligence’s RateWatch.
One of the best things about nbkc is the almost total absence of any fees. In fact, nbkc even appears to beat many of its fellow online banks with its zero fees for things like receiving a box of checks or ordering a stop payment. A $5 deposit is required to open an account, but there are no minimum balance requirements.
| Service | Fee |
|---|---|
| nbkc debit card | $0 |
| Box of checks | $0 |
| Overdraft/non-sufficient funds | $0 |
| Bill pay | $0 |
| Deposit checks | $0 |
| Talk to a banker | $0 |
| eStatements | $0 |
| Cashier’s checks | $0 |
| Stop payments | $0 |
| Incoming domestic wires | $0 |
| Send domestic wires | $5 |
| Send/receive international wires | $45 |
| MoneyPass ATMs | $0 |
| Third-party ATMs | Up to $12 in monthly refunds |
nbkc has offices in and around the Kansas City metropolitan area, but there’s no need to go there. Anyone can open a bank account with nbkc, provided they live in the United States or its territories. Customer support staff can be reached via live chat or phone during business hours.
Phone: 888-905-2165
HQ: 8320 Ward Parkway Kansas City, MO 64114
nbkc offers an app for iOS and Android that has many but not all of the same features as online banking. Mobile users can access the app to check their balance, view transactions, make mobile deposits, and create or cancel funds transfers.
On its website, nbkc offers free tips on how to keep your online bank account secure and safe at all times. Customers are required to use multi-factor authentication to log into their accounts when completing high-risk transactions. nbkc is insured with the federal government’s Federal Deposit Insurance Corporation, with deposit insurance up to $250,000 per depositor.
If you’re looking to do all your banking online with minimal fees, nbkc is a solid option. nbkc perhaps offers fewer features than some other online banks, but it does traditional banking very well. With nbkc, it takes around 5 minutes to open an account from your computer, with very little paperwork. Once you’re in, you get access to a whole range of services. These services include checking and savings accounts with competitive APYs, free withdrawals from more than 32,000+ ATMs around the US, and a range of loans and home mortgage loans.
