Question

describe the services offered by an online bank compared to a traditional brick - and - mortar bank.
online banks offer 24/7 access, lower fees, and higher interest rates compared to traditional brick - and - mortar banks.
online banks offer limited access, higher fees, and lower interest rates compared to traditional brick - and - mortar banks.
online banks offer in - person customer service, higher fees, and lower interest rates compared to traditional brick - and - mortar banks.

Explanation:

Online banks operate digitally, allowing customers to access services at any time. They have lower overhead costs, which often results in lower fees and the ability to offer higher - interest rates. Traditional banks have physical branches with associated costs, which can lead to higher fees and lower interest rates in some cases.

Answer:

Online banks offer 24/7 access, lower fees, and higher interest rates compared to traditional brick - and - mortar banks.