As you start looking for a new bank account, what should you look for in your search? While everyone has different needs with personal banking, many people today look for features that simplify their lives. What features do banks offer that make life easier? Here are three of the top features you might want to find in a bank account as you search for the right one to open.
Even if you get direct deposit services for your paychecks, you might want to find a bank that offers mobile deposits. You might receive checks from other people sometimes. If you do, you will need to deposit the checks. If you do not have time to go to the bank, you might have to wait weeks before depositing the checks you receive.
With mobile deposit services, you can deposit the checks when you receive them, and you do not have to leave your home. To do this, you open the bank app on your phone and take a picture of the check. You submit the check for deposit, and the check amount goes into your account within a day or two. This method provides the easiest way to deposit checks you receive.
Bill Pay and Money Transfers
The second feature you can find with bank accounts is bill pay and money transfer services. Suppose you owe your friend some money and do not have time to withdrawal cash to pay them. You could transfer money from your account to your friend's account through your phone app. The money would instantly transfer from your account to theirs without ever leaving your house.
You can also use bill pay services to schedule payments for all your bills. Using this service through your bank is free and easy to use.
Finally, when you choose the right personal banking account, you will have access to online banking. The features listed already are some of the top features people like, but these are not the only ones you receive. Online banking also provides instant access to your accounts. You can view the balances anytime you need to, and you can check to see what transactions posted. You can also use online banking to access cleared checks and bank statements.
Personal banking makes life easier, especially when you have a bank app. If you would like to open an account, choose the bank you want to use.