9 Holiday Banking Tools for You
The holidays are for celebrating, making memories, and enjoying others’ company. No one has time for financial stress. Utilize these online and mobile banking tools to easily manage your finances this holiday season.
9. Debit Card
Debit cards are a great way to purchase holiday gifts and supplies and avoid the temptation to overspend. Before hitting the holiday sales, review your debit card’s daily security limts. Also know what to expect if a debit card transaction is flagged as suspicious because it is outside your normal spending activity.
8. Debit Card On/Off Switch
In the hustle and bustle, debit cards can get buried in the bottom of a purse or put in a back jeans pocket instead of its familiar slot in your wallet. And we know it can also be snatched by a thief in-person or online. Most banks now offer an easy way to temporarily deactivate your card allowing you more time to check all those pockets. Reactivate the card when itis found and the card is ready to use within seconds. The Friendship State Bank offers this service through their FSB Verify mobile app.
7. Fraud Monitoring App
Fraudsters take full advantage of the season and are counting on catching us offguard. Chances are your bank has fraud monitoring software scanning for unusual debit card activity to limit fraud. Friendship’s FSB Verify app notifies you immediately of a suspcipicious transaction. You then have the option to approve or reject it on the spot from your smartphone.
6. Mobile Banking App
Mobile banking gives you the ability to bank on the go. View your account balances, see transaction, and transfer funds.
5. Balance Alerts
It is easy to lose track of spending. Sign up for balance alerts to be sent to your phone or email for an easy way to stay on track and avoid overdraft fees. Balance alerts can be set up through your online banking account.
Who has time to sit down and write out bills or go buy more stamps this season. BillPay allows you to pay your bills all from one place. You may also schedule those payments in advance to coincide with your payroll and usual bill payment schedule.
Pay-a-person is a great option when paying for joint gifts or your sister who picked up that great deal for you on Black Friday. It is an easy way to send a monetary gift or donation without worrying about a check getting lost in the mail or thrown away with a pile of wrapping paper. Payments can be sent electronically to individuals as long as they have an email address. We can also mail a check if you prefer.
2. Mobile Deposit
Mobile deposit is a feature within your mobile banking app. It is handy to activate this feature before you start receiving those Christmas cards with checks from Grandma and Aunt Betty. No more trying to get to the bank before they are misplaced.
1. Christmas Club Account.
This may not help you for 2019, but it could be a stress reliver for the 2020 holidays. Saving for the holidays all year could elimate holiday credit card debt and unnecessary finance charges.