Find information online seems to be searching for the proverbial needle in a haystack – with so many sites and advertisements vying for attention just thinking about the search for an Internet bank is sufficient to cause a headache. However, it might be worth the effort – of the five highest-paid accounts today, four are provided by Internet banking. With a difference of two or three percent, the benefits could be considerable.
Enter online banking “in your search browser, and you pull up several independent sites comparing the different banks and accounts. While the offerings may change from day to day, there are few banks that have been performing consistently well – the three big Cahoot be, egg and smile. Cahoot is the online arm of Abbey National, and the Co-operative Group runs smile, but both now offer better deals than their counterparts in the main street. Intelligent Finance is also a competitor. Shop around to find what best suits you – whether it is a low rate loan or an account of today’s high performance, the best choice depends on your needs and situation.
Keeping in mind such as customer service and the terms offered – it is important that you contact your bank can easily when needed, and dealing with them is not a bad test. Even if you perform most of your online business, there are still likely to be times when you need to speak with a human and friendly, knowledgeable staff can make a big difference to your experience in banking. First Direct is planning to introduce a “virtual” employee of the bank for online banking customers more friendly. Continue reading