Consolidating Your Online Savings Account

There are various reasons why someone might have several banking accounts open at the same time. One reason is that these are different types of accounts, such as a checking and a savings account. But sometimes people also have multiples of the same type as well, such as more than one online savings account. For example, they may have one for personal finances and one for business, or keep a long-term account open for their children aside from a more active alternative.