Internet Banks
Bank of America stinks, just so you know. I’ve been using them for years just because they have ATMs all over town, but now I’m checking out internet banks. There are much better deals to be had there. I’m particularly fed up with earning .5% interest for the privilege of lending my money to the bank. Enough is enough. Especially in light of the sorts of rates the same banks charge you when they lend you money. I poked around the net, and settled on ING Direct as the best option out there. They pay great rates, and don’t charge those ridiculous fees. I know some people have issues with not being able to meet their bankers in person, but honestly I don’t really care about that. In fact, I think most people would be better off switching to an online bank.
