 Im behind in my car payment should i give it back and? |
| buy this car i can get around in from my friend that i work with and have a my money so i can really live or should i try to catch up my car note that will take a while or pay $600 for this other car ... |
|
 How to cash a cheque without holding a bank account? |
| My boyfriend has a problem with his wages cheques. Before he changed his job, he was paid on my bank account (different surname) without any problems, because he hasnt got his own bank account. Now ... |
|
 Only answer if willing- How much is your current salary? (Brits only please)? |
I don't wish to be nosey but I was wondering what kind of salary people are on who come on here. I know the average salary is about 25000 so I dont need to know that.
Thanks for your ... |
|
 How do i find my bank routing number? |
| where do i find routing number if i only have a savings ... |
|
 What is a good way to make $35.00 in a week? |
| I need $35.00 I am going to get a new phone this weekend and if I don't get the money I can't get the phone I want. I am only thirteen and in the 8th grade so what options are there for ... |
|
 I want to start clear up my credit. but i need a loan to get some small items cleared up i need a loan. ??? |
| i want to clear up my credit but i have some outstanding stuff that is keeping me underwater. i need to get a loan to clear up some of thiose issues so i can have extra money to start paying other ... |
|
 Can i trust these website that takes from u about 60$ and u start to work for them online? |
| hi people i searched the net for some online careers and i found aweb site that offers u an online data entry job but to register u hav to pay 57 dollars and its really well paid so am confused about ... |
|
 Will a bankrupty stop a foreclosure long enought to sell the house? |
| I have been trying to sell my house and I have a buyer but I have to hold off a foreclosure for about 30 days. I have asked the bank but they wont extend the time. can I start a bankrupcty to hold ... |
|
 If I File For Bakruptcy, Will They Find My Bank Account? |
| I have some school money squirreled away in my bank account, but I have to file for bankruptcy b/c I tried to open a small cafe with my mom (all in my name). We lost our shirts, and I was left ... |
|
 Is there anyway to get a £68,000 mortgage with no deposit? |
Additional Details
The house is currently on the market for £71,000. We are first time buyers.... |
|
 If you file bankruptcy, how can you ever repair the damage done to your credit? |
| I am unemployed, 50 yrs. of age, no money in the bank, no savings, no retirement, no job. How can I save myself from this mess?... |
|
 What % of your bills do you pay online? |
| I have read that it is actually safer to pay online. Do you think something like billpay at your bank is best or just going to the biller's site?... |
|
 Making money quickly? |
| I bought a gift for my husband and I don't want him to see the credit card bill. Father's Day gift. I am planning on paying it off. Other than my normal job (which I work from home) How can ... |
|
|  |
zeebus | Why do banks push online banking? |
Wells Fargo (my bank) has been pushing me to use online banking a lot. Like paying bills online, checking my balances online, transferring, etc. Essentially they're trying to discourage me from writing paper checks.
It must benefit them somehow if we bank online. Can someone explain what the benefit is? |
 |
 
BOB PHX
|
I agree with the other comments....it reduces the amount of humans they must have to perform transactions, such as checking your balance, seeing if a check cleared, etc.
However, what has me concerned is if online banking remain a "fee-free" option? Remember back in the 70s and 80s, banks were pushing ATMs as a way to reduce the number of human tellers. Many cities even had localized "networks" (Cash Station in Chicago, NYCE in New York) so that your card would work at ANY ATM. Then banks started getting greedy, and realized they could charge fees to use an ATM.
Will history repeat itself? |
|
Jess
 |
It cuts down on the paper usage. plus when you bank online you dont have to wait in lines, of couse with the exception of cash withdraws and deposits. |
|
Applered24
|
Probably because it cuts back on phone calls and visits to the bank. A lot of company lean towards taking care of everything online now. I don't mind sometime but there are times I'd rather not utilize the web for my transaction. |
|
LB
 |
Less overhead for basic banking and the bank also gets paid if you use your debit card as a credit card instead of writing a check. |
|
Gary
|
Banks want to go paperless. More secure and it is faster. The IRS even wants to go paperless. Do you realize how many paper checks are processed every day even on weekends. Billions. Talk to someone at your bank. |
|
greenie
|
Less Overhead (employees), less office buildings and less paper work (you pay for your own printer cartridge and paper)....imagine how much money they save! |
|
cynthiathegreat2001
 |
99% of my transactions are with (banking on line). I like it, you save money on stamps. you don't have to stand in line in the bank at lunch time. and you can transfer money anywhere you want to.
Personally I don't like Well Fargo. Too big, and they don't care. ( I am in California) and with Union Bank of California. They do not push my mother in having online banking. |
|
CupCake
 |
As a banker, I honestly can't understand why people wouldn't want to take advantage of Online Banking. Online banking allows you to watch your money on a daily basis if you want to. By keeping close tabs on your funds, you'll always be aware of what's happening in your bank account.
It's also helpful to watch how much interest you're gathering on investments and savings or what service charges you have incurred. You can pay your bills right online in the matter of minutes! and most importantly, you don't have to travel to the branch or wait in line. |
|
Smartass
|
Saves paper for everybody, can change the dynamics of ID theft. |
|
amethyst92476
|
Along with the reasons already mentioned by others, online banking is considered a "sticky product" for the bank. If the client starts using online banking to automatically pay bills the odds are that the client will not close their accounts and go with a competitor because it becomes too much of a hassle to change banks. Especially if they have direct deposits as well. |
|
.....
 |
it's cheaper |
|
Angie <3
|
Banks actually push online banking because it is just another service that they offer. It is proven that the more services you have with that bank the less likely you are to leave and move to another financial institution. It is call cross-selling. Figure this... if you bank at two places... at one you have just a checking acct. The other you have a checking, svgs, loan, credit card and online banking... which one do you think you will leave first? |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 11 minutes(s) ago
| | | |
12 | 31 minutes(s) ago
| | | |
12 | 48 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
12 | 4 hour(s) ago
| | | |
12 | 9 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
12 | 5 day(s) ago
| | | |
10 | 1 week(s) ago
| | | |
12 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
