I have been using online banking for about 3 years now and am really satisfied with it. The benefits of using online banking are they pay higher interest than a regular bank or credit union, the account will link with your regular bank account and your money is still FDIC insured up to $250,000. If you have a smart phone you can download an app to check your balances, transfer money between your savings and checking account or to your regular bank account. I recommend using www.Ingdirect.com mostly because they will pay you to set up your accounts. If you get referred to set up a savings account with them and you start your account with at least $250.00 they will give you $25.00. If you want to start an account and would like to get the $25.00 email me at moneyadvice@ymail.com and I will send you a referral email.  If you set up a checking account and make 3 purchases using your debit card they will deposit $50 dollars into your account on day 50. and if you start an investing account with them they will also deposit $50 dollars into your account on day 50.

Please send any questions or comments to: moneyadvice@ymail.com