5 Ways To Make Online Banking Safer

November 23, 2020

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Change passwords regularly.

Use combinations that are difficult to guess. An example of such is a mix of uppercase and lowercase letters, numbers, and symbols

. Obviously, the more complex the password, the harder it will be to crack and the more likely it will provide protection against hackers. In addition, do not use the same password across different logins. Your Facebook password should not be the same as your online banking password.

Ask for text alerts

Many institutions let customers choose to receive alerts via text or email whenever large transactions are made on their accounts, or if the balance drops to a certain amount. This allows customers to reach out to the bank immediately if they see a purchase or transfer they didn’t make, and protect their account against further fraudulent activity. In addition, customers can dispute unauthorized charges for 60 days after the date of their bank statement.

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