My bank just launched an “online only” division which gives me savings at 2.65%, the option to attach checking, and no fees to speak of. The rate is a little lo

My bank just launched an “online only” division which gives me savings at 2.65%, the option to attach checking, and no fees to speak of. The rate is a little lower but still pretty solid. The only caveat is I can’t access that account through their branches; it’s just through their website. I don’t think the whole “we don’t have branches so we can pass along the savings to you” thing is as defensible as it was 5 years ago. Other businesses can do the math and move in that direction if pressured to do so, and it seems like some of the bigger banks already are.