the internet doesn't give very many...
Thanks...
2007-05-02 04:30:31 · 7 answers · asked by Pureness =) 3 in Business & Finance ➔ Investing
Disadvantages to online banking:
HACKERS, VIRUSES, Computer hard drive can hold the info and somebody else can break-into your online account. So be aware to keep that computer hard drive for a long time!
More negatives: power outages, people looking over your shoulder, Phishing, Spam, fake website not the banks hostile takeover.
I think the FBI could interfere with the transactions. They do tap phone-lines!
Flooding in the house. Loss of info. Bank loses your data by mistake and now you have no account.
2007-05-02 04:43:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I have used internet banking for five years. All my income deposits automatically and I pay any bills via the net. Never had a problem. Most banks have a very good
security system.
2007-05-02 04:42:35 · answer #2 · answered by snaw_na 2 · 1⤊ 0⤋
I've been banking on-line since 1983 (Pronto - Chemical Bank). I moved on to Checkfree & later (18 years) I was with Chase Manhatten.
I'm now with EverBank.com (2 years). I earn 3.41% APY on my checking. I get free ATM Drafts (fee refunded). I have many choices locally for making deposits to ATM's (of other banks).
I could also bank by mail with pre-paid envelopes. I can transfer funds between all my other financial institutions.
Bottom line;
No Problem!
2007-05-02 05:23:44 · answer #3 · answered by Common Sense 7 · 0⤊ 0⤋
I have been banking on line for a couple years now and have not had a single problem. It is so handy paying bills on line.
2007-05-02 04:40:11 · answer #4 · answered by Flamingo JIM 2 · 1⤊ 0⤋
What do you mean by online banking? Do you mean such as looking at your account balance, etc? If that is what you mean then I don't really see how it can hurt you. However, it doesn't mean you don't need to balance your checkbook at the same time.
2007-05-02 04:33:18 · answer #5 · answered by becky m 4 · 0⤊ 1⤋
You cant pull the money out of your computer like an ATM.
2007-05-02 04:37:52 · answer #6 · answered by Anonymous · 0⤊ 1⤋
none... Its better then waiting forever for your check to clear
2007-05-02 04:40:51 · answer #7 · answered by fallentired 2 · 0⤊ 1⤋