CompuBank

Pros: free checking, free domestic wire transfer, 24 hour banking, FDIC insured, ATM fee reimbursement, free deposit slips can be printed online
Cons: waiting about a week for deposits to be received and credited to your account

Compubank is an online banking system that offers free basic checking, 24-hour banking via the internet or by phone, online approval, ATM fee rebates, no per item charge, free bill paying services, free domestic wire transfers and more! They offer both...

Pros: Low maintenance, excellent interest rates, ATM surcharge refunds, $50 incentive available for opening a new account
Cons: deposits have to be mailed

The first time I heard about the new craze in online banks, I was very pessimistic. The concept immediately brought to mind the Savings & Loan crashes of the '80s, and perhaps even more prominently, the stories about all the banks in the Old West...

Pros: convenient, high interest rates
Cons: customer service

This past summer Compubank was offering a $20 bonus for opening a new account. (I think they still offer this to new depositors.) Spedia was also offering 5000 points for opening a Compubank account through them. Compubank is still offering a $20 bonus...

Pros: Clickrewards, Visa debit card, free bill payment, ATM fee reimbursement, FDIC insurance, NO FEES
Cons: Phone service often unhelpful, website is occasionally slow

I’ve been banking at CompuBank for roughly 8 months, and overall I’m extremely impressed with this service. It’s fast, convenient, efficient, and a pleasure to use. CompuBank offers a variety of cool features, such as free wire transfers, free bill...

Pros: Extremely responsive customer service, reasonable banking products.
Cons: Non-timely deposits of non-payroll funds; lacks true integration to PC financial packages

I first toyed with the idea of using a "virtual" bank several years ago, but hesitated. After all, to entrust my financial affairs to an organization with such a novel concept seemed risky. However, last year, I finally "took the...

Pros: Fast, easy, secure online banking services
Cons: Non direct deposits must be mailed at this time

I've been seeing these so-called NetBanks open up for the past few years. I would stop by their sites and read up on the services they have to offer. Most of the time I was not impressed. The claim is this: We don't have a large employee expense, so we...

Pros: interest rates, variety of services offered, convenient, low or non-existent fees
Cons: deposits have to be mailed or direct-deposited only

Security
My first thought when I began investigating an online bank was, "Is it secure? How do I know they won't steal my money and just say they never got it?" Some thorough research assured me that CompuBank was a well-established bank,...

Pros: A better way to do things.
Cons: Not there yet.

I have been a customer of CompuBank for 6 months; I selected it because of good reviews, including Gomez (www.gomez.com)

The good news is that I think things are improving. Banks like CompuBank will get better with time.

For now,...

Pros: real time online internet banking
Cons: deposits thru the postal services takes a few days to be posted

I first learned about CompuBank.com from Clickrewards.com, a site that gives you points for shopping, thru their advertisement. (I received 100 click points for opening an account with CompuBank, plus a free debit/visa symbol card and every dollar I...

Pros: Free, Friendly and Simple
Cons: No local banks to deposit checks into

Well here I go again, testing sites, to see what they have to offer and how they treat their customers. Compubank was the site I picked, through Cybergold. I have never had an internet bank account before, and they seem to offer their customers a lot...

Pros: Customer Service, free unlimited bill pay, intuitive website
Cons: mailing in deposits A way to deposit at an ATM would be great.

5/10/2000 UPDATE - I wrote this opinion shortly after signing up and wanted to provide a quick update on how things are going. I have had no problems with Compubank to date. I have received 1250 clickmiles on my account and all transactions happen in a...

Pros: Lots of free features, like online bill pay
Cons: No interest-bearing checking

What do you want from an online bank?

Bill payment? Compubank has it. Free, too. In fact, it's changed my life. I used to forget to pay bills -- honest, I had the money, I just forgot. So I'd get lots of nasty phone calls and finance...

Pros: Good price, Good service
Cons: Problematic bill payment, unpolished

One of the few online banks that allows for business accounts -- which is why I went with them. So far they have been competent, but glitchy.

The account services, fees, interest rates are all good. Fees are very competitive. No...

Pros: online statements, FREE services (for which conventional banks charge $35 or more!)
Cons: every transaction takes time (but not much more time than regular banks), requires continued attention (it wants to be the WIFE, not the MISTRESS)

This is my (continuing) story of online banking. My first epinion on Compubank was titled "Is online banking a valid alternative?" and discussed the preliminary stages of selecting & initiating such banking. I promised a second epinion...

Pros: good rates, good website, truly "real-time" banking
Cons: akward bill paying, need $1000 to earn checking interest

I stated my CompuBank account because they had a promotion with Cybergold to give new account holders $50. They also give you 1200 Clickmiles, and I used them to get a $20 gift certificate to Olive Garden. The sign-up process was fairly easy, and I got...