Banks would never do that, if just because they&#x27;d risk losing business in places where there&#x27;s no local branches. Many of the national banks that offer the best conditions have no presence in a lot of metro areas.<p>And even if you make sure your bank has a local branches (which really, I&#x27;ve not gone to one in years, why would I need one?), what happens when you are on a trip, and your accounts are frozen? I&#x27;ve had my CCs frozen because the bank considered my expenses during a trip to be potentially fraudulent, but I could clear it up over the phone. Do we have to devolve back to carrying thousands in cash, like in the old days?<p>Security is always a tradeoff between avoiding fraud and being usable, and the tradeoffs that are great for some people in some situations are unacceptable for others.