Author: Chanelle Bessette, NerdWallet

If you’ve been considering making the jump to an online bank, here’s a reason to do it now. Still, there are some downsides, though.

Using “caller ID spoofing,” scammers can make it look like they’re calling from your bank’s phone number, and then end up draining your account.

Alternatives to big banks are offering some of the best deposit account interest rates consumers have seen in years.