Regarding Online Checking Accounts
August 27th, 2008 | by admin |I’m firing Citibank. They just aren’t a great deal anymore for my money. I’m looking at Washington Mutual instead, and some of the other online checking accounts as well. Much better deals to be had. 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. I’ve been checking out banks with high yield savings. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. 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. In fact, I think most people would be better off switching to an online bank. Let me know what you think about all this.
