Tired of your bank acting like a bank? The continued growth of online banking suggests you are not alone. Wait! Aren’t online banks the same as traditional banks? Yes and No, while many traditional banks charge you fees if you don’t meet certain criteria, many online banks strive to help you avoid fees altogether. Secondly most online banks have mobile platforms that are top tier built to help you manage your money the modern way. They are however like traditional banks where it matters, keeping you and your money safe and accessible.
The most unknown perk with online banks is that some offer a much higher interest rate on your money, allowing you to grow your wealth simply by banking. Online banking is the way of the future and one of the best ways to use and grow your money in the modern world.
We have done the research for you and list two of the best online banks below for you convenience.
nbkc bank Checking
Bank simply with a #nogotcha checking account from nbkc bank. No monthly account fees, no minimum balance, no fees at 32k+ Moneypass® ATMs + up to $12/mo refund for any other ATM fees. Best of all earn 1.01% APY
Perks:
- $0 minimum balance
- $0 for a nifty box of checks
- $0 for online banking with bill pay
- $0 for overdrafts or NSFs
- $0 for stop payments
- $0 for incoming domestic wires
Because we don't believe in fine print, here are the two fees that might apply:
- $5 to send a domestic wire to Anywhere, USA
- $45 to send or receive international wires
axos bank rewards checking
Stop throwing money away on bank fees
and start earning up to 1.25% APY1 today!
In addition to great rates, Axos Bank makes managing your money easy
Perks:
- Never pay monthly maintenance fees again
- No Need to Keep a Minimum Balance to Avoid Fees
- No Overdraft or Non-Sufficient Fund Fees
- Make Unlimited Withdrawals From Any Domestic ATM for Free
Shaun is a credit card point hoarder who loves to fly for free on points from his 15 different credit cards. Shaun has been active in the online finance community for over 10 years promoting various credit cards, mortgage, and insurance-related products. Shaun serves as the editor of Dollar-Sense.com, and when he isn’t working he enjoys spending time with his family and playing golf.
