Open Free Online Bank
a Free Online Bank Account
What does it mean to open a free online bank account? What does it mean to bank
online with no fees? By now everyone is familiar with the practice of banking online. If you have a bank account
with one of the big banks, you are most likely very well aware of what it means to open a free online bank account.
You may still be paying fees to your bank, but you most definitely know or at least have heard of the benefits of
opening a free online bank account. If you currently have a bank account at a smaller bank or credit union that
does not offer online banking, or for whatever reason have decided to not take advantage of the benefits of a free
online bank account, it is time to start benefiting like the multitude of others who have opened a free online bank
One of the benefits of having a free online bank account means free online
banking. Free online bill pay is also another added advantage to free online bank accounts. For instance, BBVA
Compass bank offers free online banking with all of their accounts. This is a great perk for all of their
customers. BBVA Compass also offers free online bill pay for all of their accounts except Basic Checking. So, as we
can see from this example above free online bill pay isn’t always a guaranteed benefit.
With online bank accounts your banking information is as close as your computer or
mobile phone with internet access. This easy access to your money allows you to more easily keep track of your bank
account balances and it is a very helpful feature in avoiding overdraft fees. If you are shopping and are wondering
whether or not you have enough money in your bank account to make the purchase, you don’t have to guess anymore. If
you have a mobile phone with internet access, you can simply step to the side and log into your bank account. No
one wants to pay overdraft fees and with the ability to monitor you account from anywhere, you can avoid
unnecessary banking fees.
Find a Free Online Bank Account
Some banks even allow you to set up an alert that is tied to your online bank
account. You can set a certain balance amount, for example, $200.00. When you bank account balance reaches that
number you are automatically alerted, via a text message or whatever other means you pick to be notified. Once you
get the alert, you can deposit more funds into your bank account to avoid overdrafts and overcharging to your bank
account. This is an excellent feature with your online bank account. Many banks are also offering this as a free
feature with your online bank account.
When it comes to opening a free online bank account it’s all about convenience. It
is about saving you time as a consumer and offering you tools and features that can help you better manage your
life. There are many things that we naturally take for granted, which would leave our forefathers awestricken.
While the concept of free online bank accounts is not a new concept by any means, it is something that more and
more people are beginning to see the benefit of, and taking advantage of those benefits. If your bank does not
offer a free online bank account, there are many that do. You don’t even need to close your current account in
order to take advantage of an online bank account. Banks like ING Direct, Emigrant Bank, Ally Bank, and Capital One
Bank, just to name a few allow you to open a free online bank account and link it to your existing bank
Some of these online banks pay relatively higher interest rate than your regular
banking institution might be paying. The minimum deposits required by these online banks are usually considerably
less than the minimum deposits required by your current bank. Some of these banks for will let you open a free
online bank account with no initial deposit. With all of these benefits, there is no reason for hesitation. Start
taking advantage of the benefits that come with opening a free online bank account, today!