Running late for office, leaving the iron on the shirt for too long, forgetting to throw the trash and more, mostly all our goof’s have minor consequences. But, when it comes to banking, they can put you in deleterious situations.
Moreover, the criminals are always in a quest to plunder your bank account during all the money from your account. So, what you can do to protect that money?
Knowing what you should not do will help you protect your money and will keep it safe. This is even more important if you are a personal bank customer because you need to pay more attention to your activities. Here’s what you need to avoid:
Neglecting Your Bank Statement For Months:
One of the most common mistakes Personal Banking in Hawaii customers make is not reviewing the bank statements and not opening them. However, it’s the best way to immediately identify if there’s a mistake in the account or your balance is not to the level for which you should be charged with a monthly fee.
So, take some time and regularly update your bank statement. Keep an eye on how many deductions are made and how much money the bank takes from you.
Paying Fees And Unnecessary Bank Charges:
Banking is quite a competitive business with banks charging unnecessary fees for the services that they don’t even offer. Don’t pay for them and don’t settle for lower interest rates. Check other banks, compare the value and interest rates, and then pay!
Not Taking The Security Features:
Imagine someone assessing your account with you having no information about it because you haven’t enrolled in the security text alerts and emails. Dreaded! This way, the hacker will be able to access your information and will con all your money.
Take advantages of these services to keep your account safe. These services are free and will not pack your inbox with spam stuff. Apart from that, some banks also provide notifications and alerts when your balances fall to a certain limit. Doing this will save your money from overdraft fees.
Using Free Wi-Fi For Accessing Bank Account:
While WI-fi access can make you go online from your favorite coffee shop, it can put your account to risk and frauds. So, think twice before making any bank transactions, especially if you are doing from the wireless areas. This is because the level of security will not be the same when using your own router.
Leaving The Documents Behind:
Leaving the discarded documents open in the system will make your account vulnerable at risks. Moreover, these accounts are the easy target of thieves and other hackers who have their prying eyes on your account.
Do check the device if you are banking online. Moreover, if you had made any mistake on the deposit slip, don’t just throw it in the bin, instead of tearing it first and then discard. In fact, all the documents should be treated in the same- first shred them and then tear them into small pieces.
Having The Same Password For Everything:
Once the hackers successfully access to the personal details and get their hands on your passwords, they use bots to automate the logging process. So, if you are using the same username and passwords, change them.
You can also create a different password for your social accounts, bank accounts, and others. Using the same credentials for all your accounts means that just one hacking will bring all your sensitive information at risk.
Using Mobile Banking:
Every other person today use mobile banking, putting accounts more at risk. When doing so, keep security at the upfront and make sure that your device is secure.
Also, use only official banking applications for mobile where you would only need to click to download them. Avoid using public connections as they can be a hotbed for other hackers and criminals.
So, those were some of the most common mistakes people make when banking online.
