Online banking is more convenient and affordable than most brick and mortar institutions. However, many people hesitate to give up traditional banks for their digital counterparts. Consumers are often wary that an online bank will not be able to provide the services and products they need, but online banking can offer better and faster service than an offline branch, and at a lower cost! Why digital banking is better for your money If you’ve been to your local bank branch lately, you probably already know the downsides to trying to manage everything offline. From restrictive hours to long line ups, brick and mortar banking is hardly as convenient as you might think. For most banking errands, like depositing a cheque, paying bills, or setting up a savings account, you don’t need to speak to a bank teller. With online banking, there’s no waiting in line or rushing to get to […]
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