Internet Savings Accounts

February 7th, 2008 | by admin |

I’ve been banking at Wells Fargo for years, but I’m fed up with the lousy rates they pay for their deposit accounts. I’ve decided to look into online banking instead. There are much better deals to be had there, I’m particularly fed up with earning .5% interest for the privilege of lending my money to the bank. Enough is enough. Especially in light of the sorts of rates the same banks charge you when they lend you money. Specifically, Bank of the Internet is a great deal. They pay good rates, and don’t charge all of those hidden fees that the big boys are always hitting you with. Who cares if the big banks have more ATMs when they will refund your ATM fees from any other Bank? Now I can use any ATM in town. You might want to look into the benefits of online banking yourself.

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