Online Banking Savings Account?

To supplement what was said above, for my online account it is actually linked to a traditional checking account at a local bank.

I have my money direct deposited into an online bank account, though it's not WaMu. Then to get money to the traditional one (which I don't use much anymore), I simply log in and transfer the funds, which take a few days to become available.

You can also set up your online account to automatically transfer money to the traditional checking account at set intervals. That way you always have some money available for checks and debit on the traditional account, but most of your money is actually sitting in the higher interest account.

My fiance' banks online through Bank of America which works like WaMu. He has to mail all deposits to the bank which is in Florida and we live in Ohio.

I agree the interest rates are awesome but unless you have direct deposit and don't need immediate access to the check handed to you I wouldn't do it, personally. Ihave a local bank for the convenience even though I do have direct deposit like him. They also go by how well your credit rating is, just to let you know.

this is not any longer likely an impediment in the event that they supply you a Debit Card. some banks will reimburse you for any ATM costs and a few banks do no longer. some banks fee you a value in case you do no longer use the cardboard interior of one fact era. verify their internet site approximately getting a debit card and discover out if there is any costs. I rather have an internet fee reductions and checking account at best pal economic corporation. They reimburse me each and every of the ATM costs and characteristic aggressive fees of activity. the only disadvantage you will have is depositing funds into your account. I rather have a checking account at my interior of sight economic corporation. So I deposit funds into it. Then i pass online and pass funds between my money owed. this is rather straight forward and it will take 2 to 3 days to technique the pass.