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If youve subscribed for Online Banking Login service through your bank, you must have mobile app installed in your Smartphone. But if you dont hear any alerts on whatever financial activity is performed at your bank account, it is time to set alerts on your Online Banking App.
It doesnt matter if youre using Smartphone or iPhone, if alerts are not set by you or your concerning bank on your financial activities such as what is your current balance of ending day, what transactions have been made, deposits, and financial activities which are not usual, then it is time to take some worries.
You can set as many as alerts you want that your mobile banking app or your bank supports, but 3 alerts you must have activated in your mobile banking to keep your finance smooth and secure. Why? Because, these mobile banking alerts will help you stay informed about your finances whenever, wherever and however you want, says Michelle Moore, head of digital banking at Bank of America.
It doesnt matter of which bank youre using online banking service, these alerts are highly customizable and can be part of your best practices for smart financial management. All you need is Login to your banks online banking app or give your Bank a call for help setting up these alerts.
3 Mobile Banking Alerts EveryOne Must Have
Most of the banks in United States provide customers the facility that can help them receive timely alerts about their eligible account transactions and other financial activities at no extra cost, such as Wells Fargo, Chase Bank, Santander Bank, Bank of America etc.
These notification or alerts help you receive text or email for low balances, large transactions, account activity, and more. You can choose between the alerts you find helpful to manage your account. Moreover, these alerts will notify you via text SMS if your bank account dips below a preset limit. In this case, you can simply send back a text to transfer money.
However, if you keep on digging what more you can get out of these App alerts, the story wont end. So, let us find 3 mobile banking alerts everyone should activate in their Mobile Phones.
#1 Low Balance Alert
Low Balance Alerts notify your through text or email that your balance is lower than the amount youve set as low i.e. a predetermined amount, that could be $20, $500 or some other number you've set. This alert helps you keep an eye on your current bank status so that you can manage your later expenses accordingly.
#2 Mobile Deposit Alert
The Mobile Deposit Alert notify you via SMS or Email that some money is deposited in your bank account, or that much money has been deposited in your account at that particular time. It especially refers to when youve submit a check to deposit to your bank using Smartphone.
Think of when you walk into a banking center or financial center and the teller hands you a receipt, Moore says. Youve given us a deposit and weve given you a receipt. This alert is just like that.
#3 Unusual Activity
Once of the most important alerts you must have activated in your banks mobile banking app is related to unusual activity. The unusual activity alert notifies you through sending you a text message or email if your bank detects activity on your account which is outside of your routine financial activity, that could be fraud.
For example, the transactions beyond your usual haunts, spending that doesnt fit your pattern, and transactions for unusually high number amounts etc. You must activate this alert to make your financial states safe and secure.
Other Alerts that May have Importance for You
Your balance is above or below an amount you specify.
A withdrawal, deposit or check posts to your account.
Your ATM withdrawal or debit card purchase exceeds an amount you choose.
Your Credit Card Payment is due.
Your mortgage payment is due.
A brokerage trade goes through.
Activity occurs on your Visa or credit card. Get near real-time updates with Credit Card Alerts.
You Financial Institute detects suspicious or unusual activity on your card requiring verification by you.
Please note that if youre using web browser for online banking instead of mobile app, your web browser must be up to date. Most of the web browser automatically update, however, if you to any reason, your browser is not getting auto update from the online service, you can learn to update your browser with easy to understand step. After all, it is important for your online security and identity.
I hope, youd have enjoyed the article. I would be pleased to have your valuable feedback on mobile banking alerts. Have a nice day!
