Internet banks offer customers better interest rates and lower fees because these businesses avoid the costs of constructing and maintaining a bank building.

Name: Internet banks offer customers better interest rates and lower fees because these businesses avoid the costs of constructing and maintaining a bank building.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

Internet banks operate online and do not require physical branches or buildings, which allows them to save on overhead costs and offer better rates and lower fees to customers.

Internet Banks Offer Customers Better Interest Rates and Lower Fees