We are all aware that there are still some people who choose to put their money in a safe place somewhere inside the house like a coin bank or a metal safe but these things can be in danger when thief gets in the house. While most people choose the traditional way of saving their money, more people nowadays choose to save and keep their money safe in banks.
Banking transactions becomes more accessible nowadays. We can transact directly over the counter or do online or mobile banking. Doing things online is more convenient but this way can also put our accounts in danger if we are not careful. Here are some helpful tips on how to secure your account while banking online:
Online Banking Tips to Keep Your Accounts Secure
More banks and credit unions are offering online banking options as a convenience to customers, and now it’s easier than ever to keep track of your finances. However, online banking is not without its risks, so you’ll need to be cautious when storing usernames and passwords on your computer, and make sure you’re really logging in to your financial institution’s encrypted site.
Here are seven tips for safe online banking:
1. Monitor your accounts regularly. Check your accounts regularly to make sure all transactions posted are ones you authorized. Report any fraudulent or suspicious activity to your bank. Get into the habit of monitoring your accounts every few days and always after you’ve done any type of online shopping. Read more…
We use the internet when we do online banking and there are many others who know how to get information from you through it. We must be careful when someone contacts us and asks us for personal information especially regarding our bank accounts. More secure online banking tips from here:
8 tips for safer online banking
Online banking is nice and convenient. But it does come with certain risks. Just as you hear of people being robbed at ATMs, or having their cards cloned, so online accounts are also a point of vulnerability.
Follow these 8 tips and you can minimise the risks to your finances and bank safely online:
- Choose an account with two factor authentication
Try to get a bank account that offers some form of two factor authentication for online banking.
These days many, but not all, banks offer a small device that can be used to generate a unique code each time you log in. This code is only valid for a very short period of time and is required in addition to your login credentials in order to gain access to your online account. Read more…
Always make sure that the bank itself is reaching out to you before giving out information and always do online banking through private and secure connection. Check your account once in a while to make sure that everything’s always okay.