Bank of Internet USA Online Banking and Financial Blog

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How Do I Start Saving?

Whether the money comes from a paycheck or an allowance, it is important that you start saving some of that money as soon as possible.  It can be tempting to spend all of your money on the things you want now – like a new pair of jeans or a night out with friends. But what will you have...

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Becoming and Living Debt Free

Are you in debt? If so, you’re not alone. The average American is carrying $135,924 in debt today.[i] It’s little wonder that many of us feel as though we may never escape from under the overwhelming amount of money we owe. For many of us, debt starts mounting as soon as we graduate from...

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Real Life Ways to Teach Your Kids about Financial Literacy

It is never too early to start teaching your children about money and personal finances. Of course as a parent you want your children to be smart about managing their money. But for some parents, talking about money can be very difficult. In 2016, the average American household had $134,643 in...

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First Checking: What Is an APY?

As a teen weighing your financial options for the first time, it can be hard to determine which checking account best meets your needs. With account minimum balances, annual fees, and overdraft charges, it can seem overwhelming.  APY (Annual Percentage Yield) is a key component of any...

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You Spoke, We Listened!

At Bank of Internet USA, we love it when our customers get in touch with us to let us know what they like about their banking experience and how they feel we could make that experience better.  We wanted to let you know that we are listening and have been working to implement changes that...

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