Bank Of Internet

Online Bank, bankofinternet.com

Bank Of Internet logo
A+ MyBankTracker
Rating
MyBankTracker rating based on the following criteria that includes customer reviews, financial health, bank fees and other key factors compared to the other banks.
More Details

About the Bank

Continue reading...

Bank Of Internet Fees

  • National Average
  • Monthly Inactivity $0 $6
  • Non-Sufficient Fund (Overdraft) $25 $30
  • Stop Payment item $35 $27
  • Return Deposit $10 $13
  • Domestic Wire Transfer (Outbound) $35 $22
  • Domestic Wire Transfer (Inbound) $0 $10
  • Non-Bank ATM $0.0 $1.0

Latest Customer Reviews

  •  
    Reviewed By bonsaiman45 Jun 16, 2017

    THE WORST MORTGAGE APPLICATION EXPERIENCE IN MY 72 YEARS - STAY AWAY !!!!!!!!!!!!!!

    I cannot speak for any of their other services but for sure, NEVER NEVER NEVER NEVER consider applying for a mortgage to BOI. This was easily, hands down, the absolute worst banking experience of my life -- and I have applied for at least ten mortgages over the years - not a neophyte but got suckered in because of their low rates and low fees -- but you get what you pay for. Their communication was close to non-existent - taking somewhere between 3-5 phone calls and 5-10 emails to ever get a single response. The process, which "should" take 45-60 days was dragged out for over FIVE MONTHS -- all due to their negligence and lack of communication and follow-up. In fact, as we finally got to the end of the ordeal they had the gall/nerve to request "new documentation" because the original documentation, fully supplied, was "out of date" !!!!!!!! Can you actually believe the nerve of those people.
    If you are looking for a mortgage GO ANYWHERE ELSE !!!!!!!!

    Continue reading...
    Thank you for your feedback Is this review helpful?
  •  
    Reviewed By JtrIndustries May 19, 2017

    App works good. Funds may be available for your grandchildren.

    So far I have only one complaint - really slow credit on deposits through the phone app. The Android app works fine and the customer service was nice to talk to.

    Phone deposits however, take a long time to become available. I takes two days for a deposit status to move from Pending to Accepted. After that, expect another five days to be able to use your money. This is creating a cash flow problem for me. I will have to move on...

    Continue reading...
    Thank you for your feedback Is this review helpful?
  •  
    Reviewed By Rosie047 Sep 10, 2016

    A banking nightmare!

    It is now over two months that I have been working with the bank of the Internet in to order secure a mortgage. Their process is cumbersome and absolutely incomprehensible. I am totally baffled as to how Costco can continue to have a relationship with this bank. I am not sure what federal government body monitors banks however if in fact there is such a body I would hope that they begin an investigation to determine the processes used to determine qualified mortgage recipients.

    Continue reading...
    Thank you for your feedback Is this review helpful?