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For many years, banks have offered a slew of incentives to get you to shift to online banking. They’ve gone to extremes to transform your records from paper to digital as a way to boost profits, without truly informing you of the security issues.

Meanwhile, they assure you that it’s 100% safe and guaranteed to be secure, backed by the bank.

Over the years, I’ve probably turned down a few thousand dollars in cash offers from banks that have tried to get me to shift to online banking. No way Jose.

Why have I refused to put my banking accounts online?

Are Online Bank Accounts Really Guaranteed?