With technology continuing to make advances, it is no wonder that many people are looking to bank exclusively on the internet. Having an online checking and savings account is a fantastic option if you want to keep an eye on your account or are with a bank that is not necessarily close to your home. If you have been wondering about online banking and why you should open an account, there are a few things you should know. The benefits of online banking far outweigh all of the risks and all banks ensure that your account is kept completely safe at all times while you are using their services. One of the absolute major benefits to having an online checking account is that it enables you to keep an eye on your spending. You just need to log into your account and your balance will be right there for you to see. This gives you a chance to see how much you're spending, how much was taken out of your account for bills and whether or not a paycheck has been deposited and is available. You can also set up an online savings account and use this service to transfer money from your checking into your savings and vice versa. This is an easier and more convenient way for you to bank if you are tired of making constant trips to the bank. If you would like to set up an online account but do not know how, you may want to talk with the tellers at your local bank. They may be able to set up the account for you from their own computers or they might give you instructions on how you will be able to go about opening an account when you get back home. You can also use this time to ask about security measures and issues that might become a problem. Having an online bank account should never be scary, but it should always be convenient for you and your money needs.