Do You REALLY Understand On-Line Only Banking? | Miki's Hope

Do You REALLY Understand On-Line Only Banking?

Thursday, July 26, 2018

Pic from lendedu

This is not a sponsored post-I received no form of compensation.

As a bookkeeper (semi retired) I do try to keep up with a lot of different aspects of finance. When a gentleman emailed me and asked if I would put a link up for him-of course I went in and looked first! This has some of the best information on the internet banking industry that I have seen. It even answered some of my questions. Did you know that some online banks don't even have checking accounts--no neither did I!

I ended up reading the entire article and think you will too!

In the gentlemen's words "In summary, our guide covers how online bankings works, whether it's a safe alternative to traditional banking, the advantages & disadvantages, online banking regulations, and more."

Now here is the link that will help you understand what is going on--which on-line only banks do what and gives the pros and cons on several different banks.

I, personally, will stick to a bank that has actual brick buildings that I can go to on occasion-although I do use their on-line as well.

Now CLICK HERE --to learn a lot and avoid any mistakes on the way.

This article was written by Jeff Gitlen February 20, 2017 and appears in lendedu

I did NOT receive any compensation for posting this article.


This is not a sponsored post-I received no form of compensation. All opinions expressed are my own honest opinions. For more information please check my Disclosure Statement. Our giveaways are in no way sponsored or promoted by Facebook or Google.

29 comments :

Heidi Bee said...

Thanks so much for sharing, great article. I am with you though, I prefer a bank with a building!

Mia Rose said...

Helpful explanations. Thanks for sharing.

tat2gurlzrock said...

This is a great post. We do most of ours online honestly.

momo said...

(Do You REALLY Understand On-Line Only Banking?) I did do on-line banking a few years ago when I had my personal checking account years ago. But right now we do not do any with our accounts because of hackers being able to get too much information anymore.

Brandi Hayden said...

Online banking is the best way to bank! I've been doing it for years. Super quick and no postage stamps!!

CSeppala said...

I agree. Online banking is great...but still have to have that brick and mortar with real people to visit!

D Oehlberg said...

I only trust brick and mortar to do my money business!

Christina said...

I do most of my banking online but it's nice having the option if a face to face transaction.

monique s said...

I thought I did, but clearly really don't understand it. Thanks for the info

Calvin F. said...

I am still learning, I do half of it online, trying to stay safe. It's convenient.

AJ said...

Good advice.

Linda Madden said...

I really like online banking! So quick and useful!

LeAnn Harbert said...

I don't do online banking. I worry about my account getting hacked.

Unknown said...

Very cool

Unknown said...

Very cool
Dina Bonilla

MichelleCat said...

I have been with my bank since '89 and admittedly disliked having to go in brick and mortar banks. I was so thrilled when ATMs started up and even more so when on-line banking started up. Certain things I will not do on-line, however I research first!

Nate D said...

Such a needed post

Michele P. said...

while I am signed up for online banking, I am still pretty much old school and still have a lot to learn. Thank you for the informative post!

Lauryn Rescoe said...

Very informative post, thanks for sharing! I think it is almost impossible to not have online banking these days.

jjmon2012 said...

I have been online banking with a real building for years. I don't think I have wrote a real check in 6 yr or more. I don't know that I would feel comfortable not knowing my bank/online bank.

Jay Porter said...

I appreciate the information. I do check my balance online but do prefer to do my banking in building! I am just old school!

Mal Bailey said...

Thanks so much for sharing!

Brianna Cavins said...

Awesome! I should check it out!

PattiAnn Green said...

Great article. Good information. But I agree with some of the other comments...I prefer a brick and mortar building to bank with. I like being able to walk in and ask questions.

tiffany dayton said...

This is the way to go. So handy and not complicated.I can check my account any time I want.

Buddy Garrett said...

I don't understand online-banking. The post was very informative.

JMac272 said...

very informative but I think I will keep with my traditional bank

miriama said...

Thank you! Thank you! I've been considering online banking and had a lot of questions. Not any more. All questions answered. Very informative.

Mary Gardner said...

Thanks for the information. I also did not know that some online banks don't have checking accounts.

 
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