Online Banking - Getting Started

Internet banking has evolved into one of the most popular services offered by banks. If you haven't tried online banking, is it something you should consider, even if you believe you're managing your finances just fine without it?

Here are some of the reasons consumers have found online banking beneficial:

Internet banking is available 24 hours a day, so you can handle your finances on your schedule, not just when your local bank branch is open;

Online transactions, especially electronic bill-paying, are generally faster than mailing a paper check;

It can help reduce clutter by eliminating paper bills and statements that may be piling up around your home; and using less paper is environmentally friendly.

Many consumers appreciate the convenience of banking and paying their bills online, in addition to instant access to account information, which helps them manage money more effectively.

So if you are looking for a more convenient way to manage your money, here are suggestions on how to get started.

1. Check with your current bank. Talk to your banker or go to your bank's web site to find out if it offers internet banking services and whether there are any fees. Most banks don't charge their customers for basic internet banking — such as reviewing your account balances and transferring funds between accounts — so signing up at your current bank may be the easiest, cheapest way to go.

2. If your bank doesn't offer the fees seem high, shop around. Visit the web sites of other banks to compare Internet banking or Read More