At Security First National Bank, we downloaded an application, mailed in a check and were up and running six days later. Without a doubt, the Web-only banks have the best deals on CDs, money market and checking accounts. Moreover, nearly half of the 12 e-banks we looked at have no minimum balance requirements for free basic checking. In most cases, accounts are credited automatically, though Nbank and Everbank require customers to send in receipts. Here's some good news.
Bill paying is easy to use, and in our tests, reliable.
So be sure to plan your payments well in advance to avoid late fees. Ease of Use Many of these sites are cluttered and difficult to navigate. Some banks neglect to put navigation bars at the top of the screens. Overall, many of the traditional banks sites are clunky, while the Web-only banks better understand the importance of navigation. In many cases, we had to update our browsers to the most secure available before we could even sign up.