A large U.S. bank recently reported that 6% of its checking account households had signed up for its Internet banking program.

When I checked the pricing, I learned that opening accounts, transferring funds between accounts, and downloading transactions are all free.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.