Your life choices have a big impact. Where you attend school, where you work, where you live all of these decisions greatly affect your quality of life. But one choice you might not give much.
Online banks channel their overhead cost savings into enhanced interest rates for customers. Check out GOBankingRates' picks for the Best Online Banks of 2021.
Barclays Bank offers only savings products: an online savings account and a CD. With no retail branches or ATMs, these accounts are a good place to stash some money that you want to keep separate from the rest of your accounts.
If you're comfortable completing all your banking tasks online, iGObanking is a solid choice due to its full range of deposit accounts and competitive rates. Plus, the bank has a network of 55,000 ATMs worldwide, which makes accessing money easy when you're on the go.
Online banks offer many of the same products and services as traditional brick-and-mortar institutions, but often have lower fees and higher interest rates due to their lower overhead costs. As the.