Savings Account or CDs: Which is the better investment?
Insights on technology, innovation and finance.
Say goodbye to huge lines, improper fees, abusive rates, and all that bother. The world is changing, and financial markets are changing with it. Find out why opening an account at an Online Bank might be the right choice.
With an Online Bank, opening an account and performing transactions is simple easy, since everything is done through your phone. Lower operating costs and wider credit options online round up the primary benefits. In some cases, accounts are actually free, with no fees and no charges.
The lean structure and high-tech resources of banking institutions such as Agibank enable them to optimize their operations. An additional benefit is that transactions happen in real time, with no time limits.
Besides saving on fees on your checking account, Online Banks are also more attractive when it comes to credit and debit cards. The sleek, stylish cards are fully integrated with your online account, allowing you to track transactions in real time on the app. Plus, with much lower fees than stodgy old traditional banks.
A major benefit over conventional banking is that there is no need to visit a physical location to perform a transaction. Everything is done on your phone, with an app. If the customer has any questions or a problem to solve, Online Banks provide service via the app itself, on their websites, and even on a hotline.
Online services aren't a trend anymore, they're here. The future has come to financial markets. Welcome!