A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Online BankingManaging your accounts through a bank's website, letting you check balances, move money, pay bills, and view statements from a browser.
- High-Yield Savings AccountA savings account that pays a much higher interest rate than a standard one, often offered by online banks with lower overhead.
- Checking AccountA bank account built for everyday spending, letting you deposit money and pay for things with a debit card, checks, or transfers.
- Monthly Maintenance FeeA recurring charge some banks apply to keep an account open, often waived if you meet a balance or direct deposit requirement.
- ATM FeeA charge for using a cash machine outside your bank's network, sometimes billed by both the machine's owner and your own bank.
- Mobile BankingUsing a bank's smartphone app to check balances, transfer funds, deposit checks, and manage accounts on the go.
Turn this into a brick
Knowing what Online Bank means is knowledge — the first half. A brick gets placed when you act on it.
More in Banking
Account NumberAccount ReconciliationACH TransferAPR (Annual Percentage Rate)APY (Annual Percentage Yield)ATM (Automated Teller Machine)
Plain-English education — not personalized legal, tax, or investment advice.