Virtual Bank account

Thinking about opening a Virtual Bank account?

I decided to open a Virtual Bank savings account. They gave me $20 for opening it, so I figured I don’t have much to lose. I have always been an ING Direct customer, but I am trying to keep an eye out for other up and coming great online banks, so I decided to check out Virtual Bank.

ING Direct and Virtual Bank Features

	ING Direct	Virtual Bank
Minimum Balance	$0	$100
Minimum to open	$1 *	$100
Interest Rate	3.4%	3.0% - 4.0%
Monthly Fees	No	No
FDIC Insured	Yes	Yes

*$250 to get the $25 referral bonus

Virtual Bank security

As far as security goes, Virtual Bank really does a good job of keeping the bad guys out. They have quite a few security measure in place.

The VB user Interface

As you can see in the picture below, the interface is fairly simple and laid out nicely…

Virtual Bank interface

The $20 Virtual Bank referral bonus

One of the cool things about Virtual Bank is that they offer a $20 bonus for referrals. The referrer and the referree both make $20. Not a bad deal at all… Oh and of course it is FDIC insured, so you don’t have to worry about that! If you are interested in opening a Virtual Bank account make sure you contact me so you can get the referral bonus cash!!