Learning About Internet Banks

August 10th, 2008 | by admin |

Bank of America stinks, just so you know. I’ve been using them for years just because they have ATMs all over town, but now I’m checking out High Yield Online Savings. There are much better deals to be had there. It’s your money, after all, and the banks make money off it just by virtue of having it. It hardly seems right that they would nickel and dime you to death with fees on top of it. Check out Washington Mutual Online Banking for example. Their rates are way higher than anything you can get at the big corporate banks. And banking online is easier than dealing with lines at tellers anyway. I know some people have issues with not being able to meet their bankers in person, but honestly I don’t really care about that. If you’re not earning a good return, you might want to check them out as well. Your comments are welcome as always.

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