Online banking has become the #1 we that we carry out our banking needs. From paying bills to transferring money, most of the time we do it online or through a mobile app. However, you may not be getting the most out of the online banking options that are provided.
Automatic Bill Pay
A lot of us do a double take when we think about “automatic bill pay.” We don’t like the idea of money being taken out automatically every month. However, this is actually one of the nicest options, as it allows you let the system do the work. No more late fees, no more missed payments, no more having to be at the computer at the right time. Automatic bill pay can take care of all of that for you. *Some banks charge a small fee for automatic bill pay, so read the fine print.
Internet Banking
It is exactly what it sounds like, taking care of all your banking needs on the Internet. Every bank has a website that offers you the ability to transfer money, pay bills, keep information up-to-date, and just make life a lot easier when it comes to banking. Rarely is there a need anymore for you to go down to your bank.
Mobile Banking
Just about everyone has a smartphone. Banks know this, so they have been creating great mobile banking apps that let you perform just about any online banking move right from your phone. These apps are secure, they usually have every function available, and they are a great tool to utilize when you are busy or away from home.
eDocuments
Perhaps the least known online banking option is eDocs. These give you the ability to access up-to-the-minute statements, and have them sent right to your phone or computer. This is a great option to have for people who want their balances on the fly, without having to login or use any apps. Usually a text message or email can be sent right to your phone. This is also great for viewing receipts and bills on the go.
Online banking continues to be the main way we bank — and will probably be the only way we bank in the future. Make sure you are getting the most of online banking by utilizing ALL the options that are available to you.