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Banking on the Web

Bank

Features

BankBoston

Free PC banking; free unlimited bill payment for most accounts that maintain a certain balance.

  • Make immediate, future-dated or ongoing fixed-amount transfers to most accounts linked to your BankBoston card.
  • Check account balances.
  • View up to the last 60 days of account activity.
  • Download information into programs such as Quicken by Intuit or Microsoft Money.
  • Calculate future balances based on scheduled HomeLink transactions.
  • HomeLink's customized alerts to notify users if any account balances are above or below a predetermined amount or if a bill payment has not cleared after a predetermined amount of time.
  • Change mailing address online.
  • Make payments online.
  • View bill payment activity for the last 90 days.
  • Cancel or change a payment up to 11:59 p.m. the night before it's scheduled to go out.
Bank of America

$5.95; free unlimited bill payment

  • Check account balances.
  • Transfer funds between linked accounts.
  • Pay bills online.
First Union

$9.95 per month; 20 bills for $5.95 per month and then $1 thereafter per bill.

  • Access to checking savings and CAP accounts.
  • Set up payees.
  • Receive electronic invoices.
  • Pay bills.
  • Check the status of bill payments.
Fleet Bank

$4.50 (free for Fleet One customers); bill payment is free for first three months and then $4.50 each month thereafter.

  • View account information.
  • Transfer funds between accounts.
  • Pay bills.
  • Maintain an electronic checkbook.
  • Create a custom budget.
NationsBank

$5.95 per month but waived if a certain minimum balance is kept; 20 bills allowed each month, then 50 cents thereafter.

  • Access personal and business accounts.
  • View account balances and posted transactions.
  • Transfer funds.
  • Send customer service messages.
  • Reconcile accounts through PC banking.
  • Pay employees through PC banking.
  • Track spending.
  • Create graphs & reports via a direct-dial connection.
SunTrust

$5.95; $9.95 total if customer signs up for bill payment.

  • Check balances.
  • Transfer funds between accounts.
  • Reconcile accounts.
  • Make online bill payments.
  • Set up future and repeating payments.
Wells Fargo

Free; $5 per month for online access and unlimited bill payment.

  • View details of your personal accounts including balances, deposits and withdrawals.
  • Pay bills online.
  • Transfer money between accounts.
  • Reorder checks, order travelers checks, cashier's official checks and foreign currency.
  • Change address.
  • Set-up the automatic payment of recurring bills of fixed amounts.
  • Send money to any individual in the United States.
  • Review upcoming scheduled payments and make changes or cancel them.

 

-- Posted: March 2, 1999

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See Also
Main story: Online banking gains popularity
Related story: Guide to online banking
More banking stories

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