I use Washington Mutual for the majority of my personal banking. I had a regular savings and checking account and they gave me free online banking. (Then again, they should all give free online banking. I've never seen a place charge for it. Hmm.) The Savings account was giving me something smal like 0.45% interest. I switched it to an online savings account and it now gets 10x that amount.
If you looked at your accounts online before, it's really NO different. Except I never found out if they'd take money from me and put it into my online account through a store branch. I never really got around to asking that one. I figured that I'd be able to deposit into my checking account and then move it over, worst case.
Oh, I also like Vanguard for funds. They have rock-bottom expense fees. They don't have exceptional performances, but if you pick a good fund, the low expense rating will make up for it over time (I hope).
All in all - online savings is a no-brainer.
|