Fed Up With Banking Fees Try Online Checking Accounts

The popularity of opening online bank checking accounts is increasing daily, especially as the new bank regulations have come into effect and more and more banks have begun initiating new fees for debit card banking consumers and eliminating free checking. Many of the fee weary banking customers are now seeking alternatives to the large national banks that were once so popular for their convenience of nationwide branches and ATMs and opting to explore other alternative banking resources.

For some the bank’s monthly fees and the minimum balance requirements are forcing bank customers to find another source for doing their banking, while others are switching banks on the unacceptable principal of having to pay a fee to access their own money. In either case banking consumers are ever more often looking into and opting for online bank checking accounts.

Most Americans have become much more comfortable with conducting their business transactions, utilizing their computer to access their bank accounts, and even paying their income taxes online. Due to that familiarity online banking has grown exponentially in recent years. But when it comes to choosing the right online bank it can seem a bit scary for most people making that switch in the beginning, as there are numerous online banking resources, but not necessarily ones that the average bank customer is familiar with.

That is why you seriously need to let your fingers do some comparative walking, as there are numerous online banks offering varying rates, products and services for banking consumers who are looking for free online bank checking accounts. It is important to explore the options in the online banking market before you’re deciding which online bank can fulfill all your banking needs.

Below we have comprised a list of some of the FDIC online banks offering free online bank checking accounts and/or savings accounts for an easy reference:

As with any important decision it is highly recommended that you personally verify the bank’s standings in the state the parent company is registered in and its FDIC status before making any financial decisions.

Online banking can provide a wealth of savings to its customers not only in non-fee bearing accounts, but a host of banking products that typically offer much higher interest rate returns than brick and mortar banking institutions. For banking customers fed up with the never ending cycle of fees online banking can provide the perfect solution to your current banking woes, particularly if you are looking for free online bank checking accounts.