Are you looking for ways to make banking easier and more convenient? Online banking offers many features that can make managing your finances easier, but you may not know where to start. In this blog post, we’ll discuss 10 online banking features that you may not have known you needed. From setting up automatic payments to budgeting and tracking expenses, these features can help make managing your money simpler and more efficient. Read on to find out more about these essential online banking features and how to use them.

1) Bill pay

Enables customers to pay their bills electronically, quickly and securely. Just enter payment details for regular bills and the payment is sent. Automates the process of tracking bills and managing payment schedules. Reduces the risk of late payments and lost checks. Other benefits include reminders for when bills are due and tracking payments.

2) Popmoney

Popmoney is an online payment service that allows you to easily transfer money to another person using their email address or mobile phone number. All you need to do is enter the recipient’s information and the amount you want to send, and the money will be securely transferred.

3) Zelle

Zelle is a convenient way to quickly and easily send money to friends, family, and businesses. It’s a fast, secure way to pay people you know and trust. With Zelle, you can send money directly to another person’s bank account in minutes. All you need is their email address or phone number. Plus, Zelle has no fees for sending or receiving money, so it’s a great way to save a few bucks.

4) Fraud monitoring

Online banking platforms now provide comprehensive fraud monitoring services. These services monitor your accounts for suspicious activity and alert you if something unusual occurs. This helps protect you against unauthorized purchases or other fraudulent activity. Knowing that you have this extra layer of protection can give you peace of mind and help you feel secure in your online banking experience.

5) Card controls

A great feature of online banking is the ability to control your cards remotely. You can set spending limits, pause transactions, and even receive real-time alerts if there are any suspicious activities. It’s a convenient way to stay on top of your finances. This can help you avoid fees and penalties if something goes wrong. Plus, you don’t need to worry about your cards if they’re ever lost or stolen.

6) Financial wellness tools

Bank accounts, apps and services are now helping users stay in control of their finances by providing tailored financial advice. These tools allow customers to track their spending, set savings goals, access credit scores and receive personalized advice. They can help make budgeting easier and put users in the driver’s seat of their financial future.

7) Balance transfers

Balance transfers are an easy way to manage your finances and save money. With balance transfers, you can move existing debt from one account to another, usually at a lower interest rate. It’s a great way to consolidate your debt and reduce the amount you owe. You can usually set up a balance transfer directly from your online banking portal. It’s important to read the terms and conditions of any transfer carefully, so you know exactly what you’re signing up for.

8) Mobile check deposit

Using mobile check deposit, you can securely deposit a check into your bank account from your smartphone or tablet. All you need to do is take a photo of the check and submit it. It’s quick, easy, and secure! With this feature, you can save time and avoid having to go to a physical branch. To use mobile check deposit, simply launch your banking app and select the “Deposit Check” option. Follow the prompts to securely submit your check.

9) notifications

Receive up-to-date notifications from your bank about new transactions, account balances, and other important messages. These alerts help you stay on top of your finances. With notifications, you’ll be able to know immediately when a payment has been processed or if there’s suspicious activity on your account.

10) person-to-person payments

Transfer funds quickly and securely from one person to another. Easily move money between friends, family, and contacts. This feature is convenient, simple, and secure. Most banks will have a person-to-person payment option available, so be sure to check out what yours offers. This can be a great way to send money quickly and easily, without any hassle.