Online checking has become more common these days. It makes everything you do with your finances a lot easier and you can access information anywhere there is an access to the internet. In an online checking, you can pay your bills online, thus eliminating the need for stamps and lost check on the mail.
With an online checking, you will be able to view and access your account history and transactions anytime, anywhere. This is the fastest way to check and determine if a transaction has cleared your account. You will also be able to determine any unauthorized transactions fast and help you resolve issues quickly. Furthermore, you can transfer money between accounts more easily. This is more convenient than using an automated phone service and saves you a trip to the bank. Make sure all accounts you have are listed to make it easier to transfer money and make loan payments.
An online checking also offers more protection. With this account, you can prove how and when a payment was sent and whether it was cashed. This is also more convenient compared to carrying a checkbook with you. You can use a debit card for your purchases and the amount of your purchase will be deducted immediately from your account.