Debt Consolidation Credit Counseling In Phoenix

There are so many online savings accounts out there nowadays that it's almost impossible to figure out which bank is actually the best. If you are searching online, here are a few things that you can check out before you make a decision.

If the online bank is online, then the whole process should not take more than 15 minutes (even if you type slow). If it's offline, your banker should handle pretty much everything. Don't spend too much time on the bank if the process takes too long.

It's very important to make sure the online bank you open an account with has the reputation. Do you really want to be the first person to open a bank account with a brand new bank? In this day and age, you just don't need the risk.

FDIC is the first criteria in picking a bank. No FDIC insurance? No account signup. It's really that simple. Even after this year, there's at least $100,000 insurance - what's not to like about that?

The login process absolutely needs to be smooth and secure. Try to look for https at the address instead of http and also try to see if there are other ways to make sure your login process is easy.

Security is the most important part of anything online. Make sure the security measures are adequate so no one ends up logging into your account and taking your money!

Make sure you keep the contact information of customer service before something goes wrong. You might also want to read review sites to see what others feel about the savings accounts' support level.

Of course, savings account are useless if the yield is low. Online savings account seem to give a higher savings rate than traditional savings account but even those have different yields. Find out that's high enough for your money.

Don't pay termination fees if you don't have to. Some companies will tack on an account closing fee if you want to leave them so know the fine print before you take action.

Make sure you have the minimum balance ready before account opening. You don't want to open an account with a savings account that needs $1,000 as the minimum balance when you only want to keep $500 in there.

Find out how many steps you need to take to do common tasks. The user interface is very important because we don't want to waste any time. The more steps also means more chances that you will make errors so treat it seriously.

With so much competition, it is really unnecessary to pay fees for most of the tasks of having an account. Make sure you aren't paying a monthly fee just to have an account when they are the one that wants your business and not the other way around.

With bill pay, you don't need to mail any more checks. It's quicker, easier, and more secure. There's really nothing better. If your savings account has it, it's a huge plus.

online savings accounts sometimes offer great perks that may benefit you. For example, they might approve a visa card for you when other credit card companies deny you. Some savings accounts offer unlimited ATM withdraws which you may find interesting. Research online and you might be surprised at what you find.