Sentences with phrase «expenses than traditional bank»

(Online banks are able to offer higher - yielding accounts online because they come with less overhead expenses than traditional bank accounts.)

Not exact matches

Because online banks don't have the expense of maintaining branches like traditional banks do, they can offer annual percentage yields of 1 % or more — about 14 times higher than the national average of 0.07 %.

Because online banks don't have the expense of maintaining branches like traditional banks do, they can offer annual percentage yields of 1.50 % or more — over 20 times higher than the national average of 0.07 %.

We offer direct payday loans to more borrowers than traditional banks and are quickly becoming the option that many Americans are choosing for their unforeseen expense needs.