Online Banking - What is it & Should I do it?
![]() |
This lesson explores the topic of online banking. It explains what online banking is and it reviews the pros and cons of online banking versus traditional banking. Do you currently bank online? Do your parents bank online? If so, explore reasons why they bank online. Now take a pretest to see if online banking is for you. Let's score your pretest: |
| 6-10 yes |
You're ready to click and bank! |
| 3-5 yes | You're still thinking about it. |
| 0-2 yes | You better stick with traditional banking. |
| 1. What is online banking? Refer to any previous knowledge that you have and go to the following websites to look further into what online banking is: | ![]() |
2. Check out one of the online banking demo sites porvide and walk through it step by step:
| 3. Open this Pros & Cons chart to begin creating your own pros and cons list while you are looking at the websites in the next step. This chart can be completed online by clicking inside a box and typing in your information. | ![]() |
![]() |
4. Review the following websites that detail issues in online banking as well as the pros and cons: |
5. Describe why you would or wouldn't use online banking using the list you created of online pros and cons.
In conclusion, the topic of online banking is highly controversial. You have looked at only a few of the pros and cons of the issue. You will now explore your own personal thoughts on the issue in your final paper.