Why are online savings accounts good?

Answer Online banking is becoming more widespread. In June 2009, a survey by Gartner Group found that almost half of all U.S. citizens use online banking. Online savings accounts with these banks are usua... Read More »

Top Q&A For: Why are online savings accounts good

What are online savings accounts?

A savings account is a type of banking product designed to help consumers save for major purchases, retirement or the cost of unforeseen events. An online savings account provides an alternative to... Read More »

Are online savings accounts safe?

On One Hand: Brick-and-Mortar CounterpartsMany online savings accounts are offered by banks that have physical branches as well as their online accounts. These online accounts may even allow you to... Read More »

Where can I find online savings accounts?

Online savings accounts are offered at many banks, but finding the right one that offers a good interest rate, online tranfers and other desired options may be difficult. With proper research, find... Read More »

Are online savings accounts FDIC insured?

Online bank accounts allow you to manage your money from your home and avoid long lines at your financial institution. If you have an online savings account, your money is protected by the Federal ... Read More »