Have you ever gone to check out at a store and whipped out the plastic to pay, only to find out that the transaction won’t go through? If so, you know that it can be frustrating. Luckily Point West offers Mobile Alerts that can be customized to your needs. Besides preventing an embarrassing situation, Mobile Alerts can benefit you in multiple ways:
1. They can save you quite a bit of money over the long haul. If you are charged a fee for overdrawing your checking account or for going over your credit limit, you can help avoid these costly penalties by being better aware of your balances.
2. They can be invaluable in helping you stave off identity theft. By knowing when unusual activity is happening in your accounts, you can catch fraud early and thus make it much easier to clear up.
3. You will know your account balances. If you tend to live paycheck-to-paycheck, you probably have found yourself in situations where you have to wait for money to be deposited into your account before you can make certain larger purchases, like groceries. Setting up an alert for any time a deposit is made into your account saves you from having to wonder when your funds are available.
4. They make the process of sharing an account much easier. If you have a joint account, you may not always know when the person you share it with has made a purchase or deposit. By setting up an alert, you can avoid the negative consequences that can result from a lack of communication or misunderstanding.