With emails, electronic statements, online banking and mobile apps, paper checks can seem oddly out of place. With the conveniences and benefits of direct deposit and certain incentives offered by banks, it’s no wonder customers are moving away from paper checks. Here are just a few ways direct deposit can make managing your finances easier:
•Money is available sooner
• Avoid monthly maintenance fees
• Pay bills on time
• Improve your budgeting skills
• Easy access to financial information