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I’ve done mine that way for, oh my gosh about 20 years & had no issues, knock on wood. Only problem I’ve had was at gas pumps where some stole my identity but my bank took care of it ! Don’t know how you use your credit cards or how your bank is ran but I haven’t had any problems. Good luck!
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This is 2023, everything is done online, banks and stores use the internet to transfer money every day....
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I believe most sex is still in person.:a040: |
I have a savings account online with American Express Bank for over 6 years.
They are currently paying 3.3%. Not a CD and FDIC insured |
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Online access to banking IS BECOMING A GRIND. What worked last year on one site has been ramped up in security. Ever year there is one more hurdle to access you money. I am calling this 'senior abuse'. Why must I keep buying new phones and desktops just to maintain access to my accounts. These hi-tech companies ARE OUT OF CONTROL.
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Even if your CD cannot be touched for lets say two years, you are taxed on the interest income, yearly. Go figure damn IRS. You are told you have to pay a penalty for early withdrawl. So how do you get the damn money to pay the interest tax ?
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