Keeping your savings in a bank down the street may seem like the obvious play, but there may be real downsides for doing so.

When it comes to managing your finances, you have plenty of account options to choose from between brick-and-mortar banks and online banks. And, while some people prefer to have access to the physical ...

As the name suggests, an online bank exists entirely online. While there are no physical branches, online banks offer many of the same services as traditional brick-and-mortar banks. However, as the ...

Online banks typically offer lower fees and better interest rates than traditional brick-and-mortar banks but may lack certain products and services. Many or all of the products on this page are from ...

Are you tired of waiting in long lines, and dealing with too many fees and minimum requirements? Opening a checking account with an online bank could be your solution. Today, almost every bank offers ...

Are you looking for a bank that offers minimal fees and a competitive interest rate? Do you value convenience and efficiency over face-to-face customer service? If so, an online bank might be for you.

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.