Online vs. Traditional Savings: Which Account Has Your Best ‘Interests’ in Mind?

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FEES 	Online Savings Most online accounts have no fees. But, as a general rule, be sure to read the fine print and ask questions. 	Traditional Savings Fees may be accessed if minimum balances or average balances are not met, so it’s important to understand your savings habits. If you tend to withdraw large sums that will have your account nearing the minimum balance limit, you’ll end up paying for it later. When it comes to saving, you want to minimize the overhead.

FEES Online Savings Most online accounts have no fees. But, as a general rule,…

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