Online banks are getting more popular by the day. There is the appeal that comes with being able to do all the activities that have to do at the bank from the very first to the last without having to visit a physical banking hall. The promise that banking services also come at a cheaper price with online banks further creates more appeal. However, considering that you are going to trust them with your money, you will first ask yourself, ‘Should I trust an online bank’? The answer is Yes, you can trust an online bank.
Your real question should be, ‘How much should I trust an online bank’? This question can be likened to asking if you should trust every other thing about life that is not certain. The question as to if you should trust online banks is similar to asking if you should trust your brother, your … Read the rest