Online banks provide you with the ease of doing your banking with less visits to the bank. This gives you the flexibility to complete your transactions in a very short time, in the comfort of your own home. Here are the 3 best online banks that have been selected on the basis of their fees, interest rates, yields and customer service.
Ally Bank – Ally bank is one of the best online banks, mainly because they have no maintenance fees on checking, high savings and CD yields. They also offer 24/7 telephone customer service support with live online chat and a mobile app. You can also use any Allpoint ATM for free. If you use another ATM the bank will reimburse you up to $10 for any ATM surcharges.
Bank5 Connect – Bank5 Connect is known for its competitive rates, no monthly checking fees and great customer service features. Although the bank does not offer 24/7 customer service, they do provide live online chat features, a mobile app and remove check deposit. You can also use any ATM and bank surcharges up to $15 will be reimbursed.
EverBank – With attractive rates on its checking, savings and CD accounts, this is a good choice for people who have funds of $1,500 or more. With 24/7 phone customer support, no monthly maintenance fees and no ATM fees, this is good bank to consider. The bank will also reimburse all ATM fees, if you have over $5,000 or more.