About six months ago, I opened a savings account with an American bank. They did not allow me to access internet banking until my account is at least six months old. It's now past six months since I opened my account and I will be calling them up to allow me to use internet banking for my account.
I do understand that they did it for security purposes but it is a tad inconvenient without access to my account online. Calling them up, although free and open 24 hours a day, takes up too much of my time.
I am also thinking of upgrading my savings account to a checking account. After six months, I think it is better for me to have checks. I may need to pay for purchases in the United States if they do not accept PayPal.
Although this is only a free savings account and will be a free checking account when I upgrade, it would still be great. Well, zero interest is fine by me.
I do understand that they did it for security purposes but it is a tad inconvenient without access to my account online. Calling them up, although free and open 24 hours a day, takes up too much of my time.
I am also thinking of upgrading my savings account to a checking account. After six months, I think it is better for me to have checks. I may need to pay for purchases in the United States if they do not accept PayPal.
Although this is only a free savings account and will be a free checking account when I upgrade, it would still be great. Well, zero interest is fine by me.
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