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

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By Anslem Samuel | Published April 12, 2011 | Full size is 620 × 480 pixels

DEPOSITS Online Savings While direct deposits can be automatically made to online accounts, checks and cash will have to be deposited from an account at a brick-and-mortar institution and then transferred over, which can be an inconvenience at times. You’ll also need to connect your online savings account to a checking account based at a brick-and-mortar institution. Traditional Savings Deposits can be made in-person, direct deposited and sometimes at ATMs, depending on the institution. The choice is literally yours.

DEPOSITS Online Savings While direct deposits can be automatically made to online accounts, checks…

(Image: ThinkStock)

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