Table of contents
Chapter 1: Types of checking accounts
Chapter 2: ABCs of ATMs
Chapter 3: Fees, fees and more fees
Chapter 4: Protecting your account
Online banking isn't out to change your money habits. It simply uses today's technology to give you the option of bypassing the time-consuming, paper-based aspects of traditional banking in order to manage your finances more quickly and efficiently.
It is almost certainly the way most banking will be conducted in the not-too-distant future.
Many banks make it easier to manage your checking account by allowing you set up e-mail alerts so you can be notified when checks clear or when your balance slips below a certain level. There is also a detailed listing of your canceled checks.
If you'd like to eliminate paper checks from your life, you'll find that a growing number of companies allow you to make automatic payments through your online banking account.
If a monthly bill is for the same amount each month, you might want to schedule a recurring payment. If the amount varies from month to month you can pay the bill each month on a "one time" basis.
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A survey released last month by SNL Financial found that 1 in 4 bank customers who use a banking app would be willing to pay $3 a month to continue doing so.
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