Online-only banking is the future of managing money — here’s how to get started

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  • These days, it’s easier than ever to handle all your banking needs without ever visiting a branch.
  • With the ability to deposit checks by taking a photo with your phone, and to use virtually any ATM, being near a physical branch is no longer a requirement when choosing a bank.
  • Here’s what you need to know about online-only banking — and why it might be right for you.

As one of the cool kids at school, I started a coin collection in fifth grade. I remember going on trips to the bank with my mom for rolls of coins to sort through, looking at dates and years to fill in the slots in my blue coin-collecting albums. That, alongside my parents owning a business, sent me on many trips to local banks. But over time, my number of visits to the bank have dropped to zero.

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SEE ALSO: How automated saving and investing really works — and why more of us should be doing it

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of and Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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