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Bank of Internet USA Online Banking and Financial Blog

Information, Insights, and Expert Advice

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The Power of Compound Interest

You know your savings account and possibly even your checking account earn interest, but do you know how much? If you are banking with some of the nation’s biggest banks, the answer may surprise you. As of April 2016, the average savings account was earning account holders only 0.06 percent.i...

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Don’t Get Spooked by the Cost of Halloween

Halloween can be a fun time for the entire family filled with buckets of candy, spooky costumes and neighborhood parties. It can also put a big dent into your wallet if you aren’t careful. In 2015, Americans were expected to spend close to $6.9 billion in Halloween supplies.Yikes! Try these tips...

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The Easiest and Safest Way to Transfer Money

Do you have cash in your wallet right now? If you said no, you’re not alone. A survey conducted by Princeton Survey Research Associates International found that nearly 1 in 10 Americans no longer carry paper money with them on a daily basis, while 49 percent of Americans carry $20 or less at any...

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Budgeting Tips to Make This School Year Easier

The school year is upon us! It seems that every year the back-to-school lists get longer and longer. We are here to help you get everything you need to start your kids on the right track this year – without breaking your budget. Back-to-School Budget To get the best estimate of what you will...

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Getting Married? Combine Your Bank Accounts into One

Congratulations on your recent nuptials! While you are still in the honeymoon phase, the last thing you may want to talk about with your spouse is the role your finances will play in your new marriage. However, the earlier you discuss how you will handle your finances as a couple, the healthier...

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