<ul><li>Online bank accounts often offer higher Savings Account interest rates compared to traditional bank accounts, providing an additional 0.5% to 1% per annum.</li><li>Online banks have lower fees, minimal balance requirements, 24/7 access, and more flexible terms.</li><li>Traditional banks offer face-to-face service, an extensive network of branches and ATMs for easy access to your money.</li><li>The choice between online and traditional bank accounts ultimately depends on personal preferences and the importance of factors such as interest rates, convenience, and personal interaction.</li></ul>

Online vs. Traditional Banks: Who Offers Better Interest Rates for Savings?

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