The majority of banks have the option to receive your statements either through the mail or electronically online. A bank statement is a document that states where and when you used your debit or credit card, along with the amount that you spent, took out or added to your account. Statements are very useful when it comes to maintaining your bank account. Usually, banks will send your statement through the mail either once, or twice a month, but some banks give you the option of using online banking.
This is essentially the same thing as receiving statements, except that it has one major benefit: you can check your statement online at any time, as opposed to only receiving your statement once every two/four weeks. You will have to create a user name for your online account; this can be done through your bank. Along with your user name, you will have to create a password so only you can access your online account. Note: try to make your password something that is easy to remember, for you, but also has some variety so it is not easy to figure out. You might also want to write your password down and keep it in a safe, secret place. If somebody were to access your account they could find out your account number, and other important information that should not be revealed to anybody except you and your bank teller. Online banking is very convenient and can be extremely helpful when keeping track of your purchases and the amount of money you have in your account.
However, if you do not have access to a computer, you may call your bank over the phone and they will tell you all of your account information; or you can agree to receive your statements through the mail. You can also pay bills or transfer money using the phone or computer. Most of the time, these services are free. However, check with your bank or credit union about whether there is a cost for their service. Then ask for assistance about how to set up your account on the computer or phone.
Paying bills by computer is very common in the United States and very safe. It requires some time to set up the system on a computer. You need to put in the account number listed on your bill, such as your electric bill. You only need put in the information once. Then every time you pay a bill, you just put in the amount and choose a date to send the payment