3 Best online Banks of 2016
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.