Online Checking Accounts: Part 6: Anytime Online Checking From UnivestDirect

[This post is written and copyrighted by FIRE Finance (]

Best wishes to all dads on the auspicious occasion of Father's Day. On this special day we continue with our series on Online Checking Accounts. Today we take the pleasure of introducing UnivestDirect's Anytime Online Checking. This product is very similar to IngDirect's Electric Orange Checking Account.

For those who are new to UnivestDirect, rest assured since it is FDIC insured and has a 3 star rating by Bankrate which means that it is a performing financial institution. If you wish, you may further check its credentials and performance using the steps listed here.

Now let us embark upon the features of this new kid on the block:
  • APY: 4:00%
  • Minimum Balance to Open an a/c & Earn Interest: $1
  • No Monthly Fees
  • Interest credited and compounded monthly
  • Monthly e-statements
  • Paper checks are allowed with the account and can be purchased
  • Funds Transfer Between Banks is FREE
  • Funds Transfer Maximum is Unlimited
  • FREE Online Bill Pay & Banking
  • FREE Master Money Debit Card
  • Learn More
This is a no frills online checking account with all the bells and whistles. But is scores over IngDirect's Electric Orange with the feature that provides paper checks (though at a cost). Also it has a great 4.00% APY which is second only to eOne from Salem Five Direct.

That brings us to the end of detailed reviews for top 6 online checking accounts. Hope you enjoyed it. Let us know your opinions or experiences.

The Series:

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