Online Banks

February 12th, 2008 | by admin |

You know, I’m sick and tired of getting a lousy rate on my savings. I’ve decided to check out online savings accounts. It’s plain to me that most of the options there are a much better deal than I’ve been getting. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. I poked around the net, and settled on WT Direct as the best option out there. They pay great rates, and don’t charge those ridiculous fees. Frankly, I couldn’t care less about meeting a banker in person. I’d much rather do my banking online with a click or two than wait in line at the branch. In fact, I think most people would be better off switching to an online bank.

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