Online banks want your business and because they don’t have the high overhead that traditional “grounded” banks do, they can typically offer higher rates on your CD’s and your savings account, more interest on your checking account, and more perks and benefits all around. Think about it – what would your financial life be like without housing expenses? That’s one reason online banks can offer more benefits and services free of charge to their customers.
If you’ve been sitting on the fence with online banking, check out these options for moving your money into the realm of the Internet. (If the links don’t show up in your reader, click through to read the article about online banking.)
(Perkstreet is offering a $50 bonus to new account holders through February 28th, 2010)