4 ways text alerts help you keep track of your finances

Internet and mobile banking are great tools to help you stay in control of your finances, but did you know that you can also receive text alerts?

If you are not already registered for our free text alert service, here are four ways it can help you stay on top of your finances.


1. Know your ‘low’ limits

To help prevent getting caught out with low funds, you can set up text alerts when you have hit your predetermined low limit. This means you‘ll know if you need to move money into your account before your retail therapy*, or adjust your immediate spending plans.

More than 1/3 said they would drop into their overdraft at some point in the calendar month1.


2. Know your ‘high’ limits

By setting an upper limit alert for your current account, you can be notified when money coming in reaches that figure. This alert lets you know you’ve saved the deposit for a future purchase or that you should transfer the extra money across to your savings. Of course, you could always spend the surplus to treat yourself. If you are using the mobile banking app, transferring the money is easy and can be done on the go.

The UK's biggest shopping centre is the size of 40 football pitches


3. Keeping balanced

We all know how easy it is to spend more than we meant to, but it’s important to keep on top of your bank balance. It helps you budget effectively and stay in control of your finances.

That’s why we offer a weekly balance text alert direct to your phone. You choose the day and time of the text, and we’ll send you the current balance and a list of the last six transactions made. Staying on top of your account balance has never been easier.

Image: Infographic - Consumers are 24% less likely to incur unarranged overdraft charges if they use a text alert service.

Consumers are 24% less likely to incur unarranged overdraft charges if they use a text alert service2.


4. Securing international purchases

While it can be handy to use your card internationally, extra peace of mind may be needed to reduce the impact of unauthorised transactions. That is why we offer text alerts when overseas payments from your account occur. If the transaction is suspicious, you can notify us immediately to help prevent further fraud from taking place.

1.6 billion – the number of international purchases per month made on debit cards by UK residents in 20163.


Free text alerts

To register for free text alerts, visit your local branch, or log into your Internet Banking and select ‘your profile’ then ‘text alerts’. Remember to check your contact details to ensure we have the right mobile number to send the alerts to.

If you’re registered for Internet Banking, you can sign in and register for text alerts now.

Register for text alerts


*If you do go over your limit, you have until 3:30pm (UK time) that day to arrange a planned overdraft or to pay in enough money to cover all your payments.

1http://www.thisismoney.co.uk/money/cardsloans/article-2695686/Quarter-Britons-just-17-days-payday-going-overdrawn.html

2https://www.moneyadviceservice.org.uk/en/articles/overdrafts-explained

3ttp://www.theukcardsassociation.org.uk/wm_documents/Debit%20Card%20Report%20-%20December%202016%20to%20February%202017.pdf


Three easy ways to set up text alerts

Internet Banking
Log in select ‘your profile’ then ‘text alerts’ and follow the simple instructions
Log in

Branch
Visit your local branch
Branch Finder

By phone
Call our telephone banking and tell us your six digit security code
Contact us

Not registered for Internet Banking yet
You will need to register to set up text alerts
Register


Useful links

For more information about our text alerts, visit our text alerts page

For advice when travelling abroad, read our top tips

More tips to avoid fraud can be found on our page about online security

More about our Mobile Banking app