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In recent years, there has been a growing trend to do your banking online. Banks encourage you to sign up. You may have been thinking about it but are not sure if it is the right thing to do. Following are 8 reasons (who says you must have a top 10 list anyway?) why you should consider doing at least some of your banking online.

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1. Online Banking is Convenient

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Imagine you need to mail out your mortgage payment right away so it reaches the lender on time and you won't be assessed a late payment penalty charge. You also have to pay the utility bill and a few other items that are due. Now imagine it is 17 degrees outside and snowing. Well, you could get yourself out of bed, write out the different checks, get yourself all bundled up and take the 5 mile drive to the post office. Or, you can throw on a bathrobe, make your way over to your home office and turn on your computer and pay your bills from the comfort of home. Which would you prefer?

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2. Save Money on Paper Checks and Postage

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No need to pay the $20.00 charge to get a box of checks. No need to buy stamps to mail out your monthly bills.

Over the course of a year, you might save $50 or $100 by banking online.

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3. 24 Hour Access to Your Account

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Check your balance or see if a check cleared anytime you want. You can manage your account at 10:00 pm on a Sunday or at 3:00 am Thursday morning. Say good-bye to those short bank hours forever.

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4. Safe and Secure Transactions

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Encryption protection for all your online account activity. Your transactions and account information are safe.

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5. Save Gas and Time on Commutes to the Branch Office

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With gas near $3.00 per gallon, you can cut back on trips to your local branch and save some money on gas.

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6. Ability to Research Old Transactions

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If you need an old statement or record of a paid check, you can get that information without delay.

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7. Keep All Your Financial Records in One Place

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No need to find deposit slips or check stubs. Information is stored for easy review.

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8. Keep Up With The Rest of the World

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Stop living in the past. If you don't adapt, you'll fall behind.

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14y ago

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