*Loan,banking and credit>>>online banking

Are online banks safer than brick and mortar banks? is it safe to do banking online?

Online banks have probably better rates than brick and mortar banks. Those are also providing services online. They can be pretty safe. However, I would not respond to any e-mail that you did not inquire information from...that's when it becomes unsafe, when you respond to bogus e-mails from people and enter your personal information. Source(s): Experience....

As long as they are FDIC insured, they are just as safe as any brick and mortar bank. Banking online is very safe. I use Ameriprise Bank which is owned by American Express, and I've liked it a lot. They pay a slightly higher interest rate than their brick and mortar counterparts and due to the fact they are online, they pay for up to six ATM transactions per month so I don't have to pay that annoying service charge you usually have to pay when using another bank's ATM. This is great for me because I travel a LOT. I can also check my balance and transfer funds online anytime. Good luck...
Has an online bank
Modified 11 months ago
I concur with other peoples thoughts. I would add go with a bank that you have heard of before, such as, citibank, bank of america, etc.