What are 5 bad things about online banking?


What are 5 bad things about online banking?

Listed below are five bad things about online banking.
  • 1 Higher Chance of Scams. You have a significantly higher chance of being victim to a scam when you use your online banking system and account. ...
  • 2 Deposits Can Take Days. ...
  • 3 Hidden Fees. ...
  • 4 Annual or Monthly Fees. ...
  • 5 Identity Theft.


What are two reasons not to use online banking?

  • Customer service lacks personal touch.
  • Not an option for those lacking access to the internet.
  • ATM options may be limited.
  • Greater due diligence required to vet the bank.