In Internet banking everything is done in an automated and mechanical way so you will not be able to have the same face to face customer care you have with your usual bank teller. But in choosing an Internet bank, the credibility of the institution is one of your foremost concerns. But with so many Internet banking institutions around, choosing the right may not be an easy task. Let me somehow make it easier for you by reviewing one of the various Internet banks out there, the First Internet Bank of Indiana.
First Internet Bank provides you with so many banking options over the Internet. The bank promises customers to have lower fees, get better rates, and convenient account access using their online banking systems. First Internet Bank also offers real-time transaction processing unlike traditional banks or some other internet banks which still rely on batch processing. The bank uses a technology that allows them to offer real time transaction processing.
The interest bearing checking account has no minimum. You can automatically pay all your bills and write all your checks online. You will be reimbursed an amount of $6.00 a month for your ATM expenses and you can also use any ATM for that matter. Users can also apply for an overdraft account which is like credit card. In the event you overdraft, instead of a fee the bank will charge you an APR on the amount. In case you are wondering of the bank’s credibility, First Internet Bank is FDIC insured.
Customers will also be able to maintain private and shared accounts with First IB. Another great thing about the bank is their user-friendly site which they stocked in with a lot of information and value-added services for the customer’s convenience. They have a nice customer service that is ready to answer your questions too.
