A checking account is probably the account you’ll use most often every day to pay bills, access cash, transfer funds and deposit your paycheck. Whether you’re paying a bill or setting up direct deposit for your first job, knowing a few tips can help you manage your money and get the most out of your account.
Set Up Direct Deposit
One of the easiest ways to get the most out of your checking account is to set up direct deposit. Direct deposit is a fast and safe way to deposit money into your account, without you having to lift a finger. Your employer probably already offers this convenience and will ask you to sign up for it.
Sign Up For Mobile & Digital Banking
Enrolling in online banking means you can monitor your accounts, including your transaction history and your balance, simply by logging in. Mobile banking allows you to do the same via your phone or tablet. Additionally, by banking online you can quickly order checks, pay bills, transfer money, track spending, set alerts and more!
Access Your Checking With Your Debit Card
With a debit card, you can access your checking account conveniently and securely, without the hassle of cash or checks. You can use a debit card at millions of locations worldwide, including places that don’t take checks, such as online merchants. Debit cards can also be used at ATMs for deposits, withdrawals and transfers between your accounts, and they work with digital wallets. With debit cards, your purchases and withdrawals are deducted directly from your checking account. Debit cards also offer security if your card is lost or stolen or if fraudulent purchases occur.
Move Money Between Accounts
Transferring money is easy! If you’re working toward a savings goal, like a spring break trip or a security deposit for your new apartment, consider setting up automatic transfers to your savings account each month. Automating the process can be a great way to build your savings.
Take Advantage Of Alerts
If you’re enrolled in online banking, you can set up alerts to notify you via email or text of certain activity. For example, you can set up balance alerts for when the funds in your account drop below a certain amount.
Look Into Automatic Payments
Setting up automatic payments for recurring bills can help ensure you pay your bills on time with no hassles. Plus, it will save you money on stamps and free up your time with our bill pay.