If you bank online, or are looking for an online bank, don’t get caught up in these sneaky traps…
• Some banks offer no-fee checking to attract customers, then start charging fees within a year…
• Online banking may not be secure. If you don’t have a firewall on your PC, a hacker could obtain your account information…
• When online banks merge, depositors may lose access to funds for a week or more…
• Some online banks charge odd fees. For example, a fee if you sign-up for online bill payment, but never use it.
Scammers also create web sites with web addresses similar to those of legitimate banks, then collect personal data from unassuming clients who access the scammer web site by mistake.
Monday, September 27, 2010
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