Quote:
Originally Posted by Skooby
I don't want to read this entire thread so could someone just answer these few questions.
So which is the best online bank?
What are the benefits of going to an online bank and do they usually offer better rates than regular banks.
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Answer 1: Read the first post in this thread, visit some sites, and judge for yourself.
Answer 2: Your bank pays less than 1% APY on savings, many online banks pay over 5% APY. And yes, this is the norm.