Save Online Try The Online Savings Account

Title:
Save Online, Try The Online Savings Account
Word Count:
586

Summary:
Savings account is account deposited that is only intended to stay in the bank for a relativel

Savings accounts are normally maintained by commercial banks, credit unions, loans and savings

Keywords:
saving accounts

Article Body:
Savings account is account deposited that is only intended to stay in the bank for a relativel

Savings accounts are normally maintained by commercial banks, credit unions, loans and savings
These accounts allow customers to use parts of their liquid assets, which may be used for any

Though the use of checks is often not allowed, withdrawals are still easier when done using th


With the advent of the Internet comes the development of a new system of banking- the direct-t

Online-only banking is the answer of the entrepreneurs to the growing consensus of the general
Online savings accounts often offer significantly higher rates of interest as compared to the

Sadly, the majority of the consumers are not yet prepared to this new treatment in banking. Th

But by the end of year 2000, ING launched an optimized form of online-only banking. This was r
For almost three years, ING had no other rivals in this system of banking. But recently, many
One notable new entrant is the VirtualBank. This targeted the high-end techy society yet they

Eventually, the industry expanded sometime in 2003 until 2004. And by the year 2005, savings a

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