If you enjoy saving time and money, online banking is a no-brainer. Assuming you’re following online banking safety tips, managing your finances online is quick and easy. And it’s not just banks that offer this handy service! Credit unions often provide both online and in-person services. When you join a credit union, you can receive many of the same conveniences you would through an online bank with or without a physical location. Read on to learn more about online banking and how it can make your life easier.
What Are the Benefits of Online Banking?
Here are just a few benefits of online banking:
- Pay Bills Online: When you bank online, you can link the account for your utility bill, cable bill, etc. to your checking account. This allows you to pay your bill online, rather than having to fill out and mail a check (which could potentially get lost in the mail and interrupt your services).
- Check Your Statements: Monitoring your bank or credit union account is easy when you have online access to your statements. You can check your statements to make sure a pre-authorized payment has cleared, your paycheck has been deposited, etc. Having 24/7 access to your account statements also means you’re more likely to catch errors or unauthorized withdrawals quickly.
- Transfer Funds Easily: Rather than taking a trip to a physical location in Detroit or using an automated phone service, you can transfer money between your checking and savings accounts online. This makes it easy to ensure you always have enough money in your account to cover monthly expenses, weekend fun, and unexpected costs.
- Mobile Banking Apps: Many institutions have apps you can download for your smartphone, which allow you to check your account on the go. You can view your account balance, as well as recent deposits and withdrawals. Need to transfer some money from another account to cover a purchase or a check you’ve written? You can do so using your mobile app.
Learn More About Online Banking from Public Service Credit Union!
Do you have more questions about the benefits of online banking, credit cards vs. debit cards, or how banks vs. credit unions compare? The team at Public Service Credit Union can help! Contact us to learn more about your options.