Why bank online? Check out some of the benefits of online bank accounts.
Today it’s easier than ever to bank online. Most banks are improving online services and apps at a breakneck speed. Online banking provides the perfect combination of everything you love about your local branch with new technology available at your fingertips. Switching to online banking will also change the way you manage your finances. It gives you total control to personalize banking to your needs, saving you time and money.
Below are a few ways you can benefit from online banking, by taking your finances into your own hands…literally.
1. Convenient Access
9:00 a.m. to 5 p.m., Monday through Friday, no longer defines when you can and can’t manage your account. Online banking makes it easy and efficient to manage your money online or through a mobile app. With Discover’s mobile app, you can conveniently deposit checks, pay your bills, transfer money, and check your balance.
2. 24/7 Customer Service
Online banking doesn’t mean you lose access to personal assistance. You can call, chat online, send an email, or post a question on the bank’s social media sites. Discover, for example, offers 24/7 customer service. You have more ways to talk to people when you need them-without leaving your house.
3. Peace of Mind
Security is an important feature in online banking. Access is typically password protected and often secured by other identity confirmations, while encryption technology can be used to prevent unauthorized access to any of your personal data. When you bank online, you can track your account activity at your convenience and be the first to learn of any suspicious activity. Additionally, many online bank accounts, such as Discover accounts, are FDIC-insured up to the maximum allowed by law.
4. Better Rates
Many online banks are able to offer higher rates because their overhead expenses are much lower, so they can pass those savings on to you.
5. Environmental Benefits
Banking online also helps reduce your carbon footprint. You can manage your account online by signing up for paperless statements, transferring money, and paying bills. Also, fewer bank visits means you spend less time on the road, consume less gas and help protect the environment.
While these are only five reasons to bank online, the benefits of online banking are enormous. Online banking is changing the way people handle their money. It makes managing money easy and convenient and gives you the ability to take complete control of your financial situation. So get started today and learn more about how online banking can work for you.