GCSE ICT
Banking
Theory
7. Advantages to the customer
There are many advantages to customers who use an online banking service.
- You can do almost everything from the comfort of your own home
- You can bank at a time convenient to you, 24 hours a day, 7 days a week
- You don't need to queue up in a branch to be served.
- You don't need transport or have to waste time driving to the bank and trying to find a parking place
- You can get instant statements for your account(s).
- the savings rate offered are often better than the High Street as online Banks pass on their cost savings.
- It is easy to compare deals between banks and special offers
- You can apply for a loan or a mortgage directly from the web site and get an answer very quickly.
Challenge see if you can find out one extra fact on this topic that we haven't already told you
Click on this link: Online Security
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