If i start by saying Avoid these web base banks then i will be saving your time reading entire article . However am not 100% against these web base or should i say app base Online Banks.
Here are some points you have to consider before joining or applying for an account with these web base banks.
- First of all they are new in market and they have lacking in so many features compare to high street banks.
- Charges are very high when it comes to international payment.
- Forcing you to go by their rules when making some payments specially international payments.
- VERY few flexibility option when it comes to financing options such as credit card or over draft.