Should I make the switch to an online bank?
It seems like there's a bank or two on every city block, so why bother moving online? Well, for starters, you can get a higher return on your money. Since online banks have lower overhead costs, they can afford to have fewer fees, as well as offer higher interest rates on savings accounts. Besides, you most likely already do a lot of online banking, such as scheduling automatic payments and transfers, plus having your paychecks directly deposited. Honestly, do you go to the bank for any reason other than hitting the ATM? Unless you need face-to-face interaction with a grumpy teller, consider the web.