3 ms·

I feel every bank should default to sending you a notification text and/or email on every transaction. Most banks have the feature but it can be annoying to se

I feel every bank should default to sending you a notification text and/or email on every transaction. Most banks have the feature but it can be annoying to setup. Another issue I have had is both email and phone providers may start rate limiting or marking as spam if you get too many automated messages.

InCityDreams 4y ago
My €uro bank does that....within seconds of using my card a notifiction appears with the amount withdrawn/ deposited. Further under the 'push notifications' i opted for 'all', so also my direct debit bills get flagged to me.
thraxil 4y ago
Monzo in the UK sends a notification in the app on every transaction. You then even have the option of freezing your card immediately if you think something's up.
- monkey_monkey 4y ago
  Barclays and American Express do this as well. It really should be standard practice now.
- nicbou 4y ago
  Most German banks do it now, I'd say. It's a fantastic feature.
pasc1878 4y ago
My bank First Direct sends an SMS message every day there is a transaction and has for at least 15 years. Visa updates are weekly.
thimkerbell 4y ago
I asked (at the branch, in person) to get such notifications but was told I'd have to set up online access to my account, to get them. I asked how to get such online access to be "read only" (so it couldn't withdraw from my account) but was told that wasn't possible.
- thimkerbell 4y ago
  With another financial institution, I did have online access and had set up notifications, but despite doing so, I wasn't getting them. Complained, but employees were unconcerned.
- thimkerbell 4y ago
  I asked to get notifications if anyone asked to access my safe deposit box, or at least to let me require a password for such access, but was told that's not possible.
glowingly 4y ago
My bank does, but only if I install their app and enable notifications. Even then, I still had to slowly tap through layers upon layers of menus to setup rules that actually triggered the alerts. Latter part is somewhat fine, even if an opinionated default ("report all, no exceptions") would have sufficed. Former is the annoying part, mostly because Bank of America's app is just slow and still isn't up to par with their website. Notably, the virtual card function is not present on the mobile app, even after many years (imagine a really bad Privacy.com clone, like really bad, but it still has virtual numbers at least).

InCityDreams 4y ago

My €uro bank does that....within seconds of using my card a notifiction appears with the amount withdrawn/ deposited. Further under the 'push notifications' i opted for 'all', so also my direct debit bills get flagged to me.

thraxil 4y ago

Monzo in the UK sends a notification in the app on every transaction. You then even have the option of freezing your card immediately if you think something's up.

monkey_monkey 4y ago
Barclays and American Express do this as well. It really should be standard practice now.
nicbou 4y ago
Most German banks do it now, I'd say. It's a fantastic feature.

pasc1878 4y ago

My bank First Direct sends an SMS message every day there is a transaction and has for at least 15 years. Visa updates are weekly.

thimkerbell 4y ago

I asked (at the branch, in person) to get such notifications but was told I'd have to set up online access to my account, to get them. I asked how to get such online access to be "read only" (so it couldn't withdraw from my account) but was told that wasn't possible.

thimkerbell 4y ago
With another financial institution, I did have online access and had set up notifications, but despite doing so, I wasn't getting them. Complained, but employees were unconcerned.
thimkerbell 4y ago
I asked to get notifications if anyone asked to access my safe deposit box, or at least to let me require a password for such access, but was told that's not possible.

glowingly 4y ago

My bank does, but only if I install their app and enable notifications. Even then, I still had to slowly tap through layers upon layers of menus to setup rules that actually triggered the alerts. Latter part is somewhat fine, even if an opinionated default ("report all, no exceptions") would have sufficed. Former is the annoying part, mostly because Bank of America's app is just slow and still isn't up to par with their website. Notably, the virtual card function is not present on the mobile app, even after many years (imagine a really bad Privacy.com clone, like really bad, but it still has virtual numbers at least).