Which of the following is NOT an advantage of a neobank?

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Understand the Problem

The question is asking to identify which option is not considered an advantage of a neobank. This requires knowledge about neobanks and their advantages.

Answer

Access to no-fee ATMs.

The final answer is Access to no-fee ATMs.

Answer for screen readers

The final answer is Access to no-fee ATMs.

More Information

Neobanks often lack physical branches, leading to limited or no direct ATM access, making ATM fees a potential issue.

Tips

A common mistake is assuming all digital services equate to no fees, but physical ATM access is often limited.

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