Banks would never do that, if just because they'd risk losing business in places where there's no local branches. Many of the national banks that offer the best

Banks would never do that, if just because they'd risk losing business in places where there's no local branches. Many of the national banks that offer the best conditions have no presence in a lot of metro areas. And even if you make sure your bank has a local branches (which really, I've not gone to one in years, why would I need one?), what happens when you are on a trip, and your accounts are frozen? I've had my CCs frozen because the bank considered my expenses during a trip to be potentially fraudulent, but I could clear it up over the phone. Do we have to devolve back to carrying thousands in cash, like in the old days? Security is always a tradeoff between avoiding fraud and being usable, and the tradeoffs that are great for some people in some situations are unacceptable for others.