What is Internet Banking ?

Stay informed: In addition to manually checking your account online, you can use “old-fashioned” text messages to manage your account, check balances, and more.

Sometimes it feels like too much work to open an app and log in just to find out how much you have available. Find out exactly what types of services are available and how you benefit from texting with your bank.

View history: Need to see if that check cleared, or how much your employer paid you? It's easy to view transactions online, download historical statements, and search for specific events.

Dodge fees: Online banking services typically cost less than traditional brick-and-mortar accounts—while still offering competitive rates.

You’ve got a good chance of landing a free checking account and avoiding monthly maintenance fees with an online bank.

Online banking is typically considered safer than traditional banking. Having your pay directly deposited into your bank account eliminates the risk of somebody stealing your check from the mail.

Plus, nobody can copy your account information from checks that you send to billers when bank computers send that information back and forth securely. If fraud or errors occur, federal law often protects you, as long as you act quickly.

No cash? There’s also the issue of getting cash. Online-only banks typically provide a debit card that you can use to withdraw cash, and they may even belong to networks with free ATM access. But for large deposits or withdrawals, a branch is always best.

Technology issues: If you’re not comfortable with technology, online banking may be more trouble than it’s worth.

Plus, glitches happen, and if your computer (or the bank’s computer) isn’t working, then there’s not much you can do.

For complex situations like pesky customer service issues or discussions about different types of loans, it might be best to have a face-to-face conversation.