How to: Open an Online Savings Account

If you're anything like me, you hate doing paperwork... and waiting on things... and going to the post office... and so on. When most people consider signing up for an online savings account, the potential hassle and time it takes are among their top concerns.

Thankfully, it's actually pretty painless (and it seems to get easier each year). The signup process for an online savings account usually works as follows.