Everyone and their dog seem to be having dealings with online banks these days. Come to think of it, I’ve been using the same account for the last several years now and recently a number of online banks have asked me if I’d like to use an online checking account. I think the time is ripe for to check this out further and see if taking online banking to the next level is the thing for me. Perhaps in the course of my investigations I’ll even be able to figure out of it is the thing for you. There are several online banks out there and you can check out bankrate.com to find some high interest online savings accounts. But you will want to see more than just the interest rate and the APY; you will want to keep a handle on the minimum amount you have to deposit to open the account and any fees [...]

My son didn’t really need a checking account until he started going to college. It wasn’t a necessity when he was in high school because he wasn’t working. To cash the checks he used our checking account and kept all his savings in his closet. So, I didn’t bother about opening his bank account. Or rater, I didn’t allow him to do so. However, a month before he went to college, we planned to set up a checking account for him. We randomly picked up a bank and noticed that it offers excellent service in one category and poor in other. Same happened with the other pick. So, I and my son decided to jot down the list of services that would be quite helpful, convenient, and economical for Richard. That’s his name. Availability of ATMs in the university campuses so he can withdraw cash [...]