Top 4 Most Popular Account Security Alerts
If you're not already using security alerts for your bank and credit union accounts, here's a quick summary of why you should be, as well as which alerts our users find most helpful.
What Are Account Security Alerts?
Most banks and credit unions have an option for you to enroll in text or email notifications if a specific activity occurs on your account. You choose between several options - notification of a transfer from checking to savings, mobile check deposit notifications, ATM use notifications, and many others. Here, we'll highlight the top security alerts our members are using currently. And who knows - maybe you'll want to join them.
Here's how to turn on security alerts (recently enhanced! ✔️) from Copper State CU mobile banking:
Most Popular Alert - Deposit Complete
Clearly, knowing when money lands in your account is going to be high on the priority list. Although it's not necessarily a security issue to know when you get paid, it might make a big impact on whether you make that trip to Costco today or wait a week. 😅
Even though most companies have shifted from paper paychecks to direct deposit, there's still a desire for that feeling of someone handing you your paycheck for a job well done. That's where our most popular security alert comes in - Deposit Complete. You have the ability to choose which account you'd like to monitor (for most of us, our direct deposit is going into a checking account) and you can set it to detect an exact deposit amount OR just any deposit above a certain threshold. Check out the video on how to set it up:
Best Fraud-Fighting Security Alert: Debit Card Transaction Alert
If you use your debit card a lot, you might think that it would be annoying to get a text message or email every time the debit card is used. But it's more annoying to have someone steal your debit card or your identity and make purchases pretending to be you! That's why so many of our members are signed up for debit card transaction alerts.
P.S. If you or someone you know has become a victim of identity theft, check out our exclusive Identity Theft Protection Checklist to help you restore your financial security and identity.
Whether you're wanting to keep tabs on your spending or make sure your debit card never gets compromised, it's a good choice to turn on this alert.
Tip: Many fraudsters will make a very small 'trial' purchase with a stolen card number to see if it works and test the waters to see if you'll notice. That's why it makes sense when setting up debit card transaction alerts, to have the minimum amount be $0.01. You'll catch the theft in the moment it happens and be able to stop it.
Another Great Fraud-Fighting Security Alert: Online Banking Access Alert
If someone logs in to your online banking account, would you want to know? Of course! This security alert is an easy way to keep tabs on your online banking login sessions. If it's not you who is signing in, and you get a text or email alert that someone is accessing your online banking, this is like an in-the-moment "Potential Identity Theft!" alarm that you can immediately take action on by changing your password and contacting your institution. Here's how to toggle this alert to 'On'
Most Helpful Security Alert: Balance Alert
If you've ever lost track of how much money is in your account (🙋) this security alert will be a big help. Basically, you set it to alert you if your account ever goes below a certain dollar amount. For some, a good number might be $10, for others, it might be higher. It's a nice early warning if you know if your balance reaches a critical (to you) level.
#1 Most Frequently Asked Question about Security Alerts
How do you set up security alerts to send you a text (SMS) instead of email?
Great question! Here's a quick video to help. We'll write out the steps below the video too.
1. Log in via Copper State CU mobile app
2. Choose 'More' in bottom right
3. Choose 'Others'
4. Choose 'Settings'
5. Choose 'Contact'
6. Under Mobile, toggle on 'Enable SMS' and then 'Save Phone'
7. Send Security Code via text, then enter the code, and 'Save Phone' again.
Congrats! Now you'll see the text alert option when you update any of your security alerts!
What's your favorite security alert? If you aren't enrolled in online banking yet, do it now! This will unlock all of your alerting capabilities and help keep you in-the-know for the important stuff.
This article is intended to be a general resource only and is not intended to be nor does it constitute legal advice. Any recommendations are based on opinion only.