The internet has significantly impacted our lives and has changed many different facets of the everyday. When was the last time you called a friend just to talk on the phone? More likely you simply sent them a quick text or a Facebook message. The internet has changed a lot and for the most part, it has simplified our lives.
The ability to use the internet for banking, for example, can help simplify your financial life and when paired with mobile banking, you can take advantage of some really great benefits. Here are 10 Smart Reasons to Love Online and Mobile Banking.
1) Bank When, Where, and How you Want
Online banking, unlike a branch, is available 24/7 anywhere you have internet access. Not home, but have your smartphone or tablet with you? Use it to bank wherever and whenever you want. You can manage your banking on-the-go and make your day-to-day banking even more convenient. Check your balance while waiting in line to cash out. No more crossing your fingers and toes, trust me this can be a real life saver.
2) No More Lines
Eliminate waiting in line at the bank from your life by doing most of the things you do in your local branch, online. You can pay bills, transfer funds and even apply for banking products. This is a great way to free up your time for better pursuits.
3) Mobile Deposit
You can now deposit cheques without going to the bank. Simply use your mobile device’s camera to take a picture of your cheque to deposit it into your bank account. It doesn’t get more convenient than that for me as someone who relies on cheques in the mail for income. This is the newest banking feature I have recently started using, and I am not sure how I survived without it. No more inconvenient trips to the bank to access my money. I can’t think of anything more convenient for my lifestyle!
4) Save Money
Since you no longer need to trek to the bank to pay bills, deposit cheques etc… you can effectively eliminate the cost of stamps and ordering cheque books, not to mention the savings in gas alone.
In fact, you can often take advantage of promotions when you open a new account, like this Chase new account bonus.
5) Review your Account Activity
As I previously mentioned, it is easy to monitor your bank account balance in real-time with mobile and online banking. This makes it easier to stay on top of your money and access your current account balances anytime. It is literally as easy as picking up your phone.
6) Pay your bills.
Paying your bills online is convenient, quick and you can even set up automatic recurring payments for monthly bills to help avoid late charges.
7) Transfer funds instantly.
Transferring money between accounts is quick and easy with online banking. You can also send and receive Interac® e-Transfers or, for example, Western Union Money Transfers through Scotia OnLine and send money to friends and family anywhere in the world.
8) Paperless Recordkeeping
Help the environment and reduce your paper waste by switching to paperless banking and instead rely on the handy banking services available.
9) Enjoy Secure Transactions
Banks typically employ high level security standards to ensure the security of your information. Scotiabank in particular offers an Online Security Guarantee to fully reimburse you in the unlikely event of a security breach. Mobile banking is protected by Touch ID, which means you never have to worry about your account being hacked.
10) Scotiabank is an award winning provider of both online and mobile banking.
Customers can expect best-in-class mobile and online capabilities. Use the Scotiabank mobile app or Scotiabank online to:
- Set up Quick Balance
- Pay your bills
- Transfer funds
- Go paperless
- Register for Scotia InfoAlerts
- View messages from Scotiabank, and more
Now that you have fallen in love with online and mobile banking, Scotiabank wants to know how would you spend all the free time you just saved. Be sure to enter #MyFreeTime Contest by sharing how you would spend all the time saved with Scotiabank online and mobile banking. Entrants will have the chance to win one of three $1,500 grand prizes and weekly $200 gift cards until June 30, 2016.
Visit the My Free Time Contest page for details on entry, eligibility, and entry. I can’t wait to see how you would spend your free time!
Disclosure: This post has been brought to you by Scotiabank. All thoughts and opinions are honest and my own.
Elizabeth Lampman is a coffee-fuelled Mom of 2 girls and lives in Hamilton, Ontario. She enjoys travelling, developing easy recipes, crafting, taking on diy projects, travelling and saving money!