As traditional banks continue offering rock-bottom interest rates, online banks like CIT Bank and SoFi have emerged with attractive alternatives that deliver significantly higher yields. But which one delivers the best combination of rates, features and ...

Nearly every online bank lets you deposit checks through its mobile app. You open the app, choose "Deposit check," and follow a short checklist. The bank will ask you to: That's it. No envelopes. No ATMs. No branch visit. Just because you deposited the check does not mean you can immediately spend the full amount.