Should I Switch To An Online Bank?

An online bank sounds really great as, theoretically, you don’t have to go to bank physically to enjoy banking services offered by such an institution. For instance, a bank advertises higher rates of interest, better customer care, tools for financial management, no fees in practical terms, and it is all complemented with a wonderful smartphone app. Such arrangements usually forego the conventional, physical banking procedures as all the transactions are handled online. Continue reading