Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How Do You Open An Online Bank Account?

0

Online banking is simple and can offer great features that rival a walk-in bank or credit union. Some online banks offer great interest rates and very low fees because their operating costs are so low, but you must take care to open an account with an online financial institution that is reputable and offers the customer service you need. Don’t just open an account with the first online bank you find. Choose an online bank or credit union to open your account with. Base your decision on your own familiarity with the financial institution, a recommendation from a friend or family member, or a review from a trusted resource. The financial institution should be insured–FDIC for banks and CUNA for credit unions–and it should have low fees or none at all. Read all the terms and conditions of the account before opening the account to make sure you’re getting a good deal. Find the link on the financial institution’s website that allows you to fill out the application for a new account. Some

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.