Are you looking for a better checking account, but aren’t sure what to think of online checking?
Let’s look at Ally Bank and see whether or not you can trust an online checking account for your daily money needs.
What is Online Checking?
You are probably used to going to a brick and mortar bank to purchase checks, make deposits, and use the ATM.
With the growth of online finance you can now enjoy the benefits of a checking account with the low cost perks of banking with a firm that doesn’t have the overhead of thousands of physical branch locations. This low cost profile allows online banks to offer lower fees and better deposit interest rates to their customers.
The normal features to expect from online checking include:
- Great online access and services
- Significant ATM access to make up for the lack of physical branches
- The ability to have a physical checkbook like you would with any other bank
- A debit card
- Overdraft protection
- FDIC coverage on your deposits up to $250,000, just like any other bank
What Features Does Ally Bank Offer with Online Checking?
Ally Bank offers all of the standard features customers come to expect from online checking accounts. But what makes Ally different? [Read more…] about Ally Bank Online Checking Account Review