With the advancement of information technology, banking services and online management have constituted a financial ecosystem with higher performance. Precisely for this reason, the following list aims to study the online account to determine which are the best of 2022.
how do the accounts work online?
Today, banking services are more agile and accessible than ever: thanks to the development of information technology and the indiscriminate advance of telecommunications, the banking sector offers the possibility of personal management through platforms and mobile applications that guarantee immediate access to personal accounts.
In this sense, the accounts online they work the same way as accounts tradicionales, although with some characteristics that are their own: immediate access, speed of transactions, capital return reports, request for financial services such as loans, credits and insurance.
Likewise, la automation of operations reduces management cost, for what you are are cheaper for customers: lack of commissions, administration expenses and fixed rates. In fact, there are remunerated accounts that even offer a return associated with their use or the issuance of cards at no cost.
Ranking of counts online current
The following list retrieves the best accounts online depending on the type of account online of which it is, its advantages and performance. The different types of accounts presented below incorporate shared features and benefits. Therefore, these are not fixed categories, but They are organized according to which characteristic predominates in each one. of them —for example, profitability or cost.
Accounts without commissions
First of all, there are these types of accounts online no commissions or maintenance costs. These types of accounts are used to carry out the most frequent banking operations for free, Under some conditions: direct deposit a salary, maintain a balance in the account, make as many monthly deposits, etc.
These types of low-cost conditions and benefits can be found in other types of accounts —payroll, remunerated, savings—, however, what characterizes this type of account is that requirements are less and therefore, more convenient for personal management. Between his main advantages can be mentioned:
- Lack of commissions, maintenance expenses and fixed costs
- free debit card
- free transfers
- Does not require payroll debit
- dual ownership
On the other hand, between main disadvantages can be mentioned:
- You do not have a free credit card
- Currency exchange has a cost
Payroll accounts
This type of accounts online are characterized by offering different benefits in case of direct debiting a payroll with the entity. The benefits offered will depend on the entity that manages the account, but generally these are suitable in all cases.
With these types of accounts online customers have the possibility of direct debiting their payroll and use it at your discretion and without limitations. The bank, for its part, perceives a greater availability of deposits and, therefore, a better financial performance. That is why they offer benefits as gifts, bonuses or returns. Their main advantages are:
- Lack of commissions, maintenance expenses and fixed costs
- free debit card
- free transfers
- €100 for direct debiting a salary
- dual ownership
- No interest
On the other hand, this online account has a disadvantage:
- The person must be between 18 and 31 years of age
interest-bearing accounts
The bills online remunerated services are a type of service whose main characteristic is that they allow earn a return on your employment. Indeed, they offer a entry in the form of interest, depending on the deposits made: the client just keep a regular balance in your account.
This, however, does not prevent the client from disposing of his money immediately and no restrictions —respecting the conditions previously established with the entity—. Usually these are accounts. online which they are very similar to payroll accounts. Between his main advantages can be mentioned:
- Lack of commissions, maintenance expenses and fixed costs
- free credit card
- free transfers
- Up to €340 for the first two years
- Up to 5% APR for the first year
- Up to 2% APR the second year
Among its disadvantages It is mentioned:
- Does not have a free debit card
Current accounts
the current account It is one of the most traditional in the sector.. It is an online account that allows daily management without the need for any type of link with the entity or bank. In this sense, all classic operations can be performed without binding conditions.
These are similar in relation to commission-free accounts, although they request fewer requirements: without consumption, deposits, processing or number of monthly transfers. However, if they have certain hiring requirements that may be unique. Between his and advantages can be mentioned:
- Lack of commissions, maintenance expenses and fixed costs
- free debit card
- free transfers
- Payments from app
- Processing 100% online
On the other hand, if you have some disadvantages:
- Does not offer free credit card
- Only available to new customers
Savings account
Finally, the accounts online of savings are bank instruments whose main purpose is saving. It is a combination of the payroll account and the remunerated account, insofar as savings produce an average return with the maintenance of a balance in the account.
However, unlike payroll accounts, does not have so many requirements. Therefore, the profitability is reduced, but also the amount of funds necessary for its hiring. This type of accounts it does not allow request financial services as advances or loans, since its purpose is savings. Between his principales and advantages can be mentioned:
- Lack of commissions, maintenance expenses and fixed costs
- free transfers
- Withdrawal of money at an ATM for free