We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

do you check your online statements as much as you would your paper statements?

just wondering this - i find that since i started online statements i barely look at them and take everything for granted.

it doesnt help that some of my credit card accounts have such a tedious and cumbersome log in process.

wondering how others felt
«13

Comments

  • Anthorn
    Anthorn Posts: 4,362 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have both paper and online statements with the exception of Newcastle Building Society which doesn't offer paper statements. My reason for having paper statements is that when a statement needs to be produced in general online statements printed at home are not accepted. i.e. proving your balance when claiming benefits.

    I'm the opposite: I check my online statement but hardly ever look at my printed statement.
  • Robisere
    Robisere Posts: 3,237 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Combo Breaker
    Yes, because Nationwide keeps it all on the same site, to access when I need to. And they remind me when a new statement (of any account) is ready.
    I think this job really needs
    a much bigger hammer.
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    I check my online statements frequently every day or so on all my accounts and I have a few.

    I would no longer recommend anyone give up paper satements as I have recently learnt if you have to prove your finances to the UK Government they do not accept online statements, you would have to go to a branch and get them to print them and then stamp and initial them, however with paper statements you don't.
    I started with nothing and I am proud to say I still have most of it left.
  • guesswho2000
    guesswho2000 Posts: 1,703 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Uniform Washer
    I have both, as I refuse to give up paper statements but wouldn't use any product without online access, but I check the online ones pretty much daily and glance over the paper ones once or twice when they arrive.
  • dada44
    dada44 Posts: 247 Forumite
    do you not find the online logging in details cumbersome?

    esp if you have an account with different banks/companies - usually you have to remember a different and unique set of protocols for each site

    perhaps it's a reason to stick to as few providers as you can... to make it easier for yourself
  • callum9999
    callum9999 Posts: 4,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    dada44 wrote: »
    do you not find the online logging in details cumbersome?

    esp if you have an account with different banks/companies - usually you have to remember a different and unique set of protocols for each site

    perhaps it's a reason to stick to as few providers as you can... to make it easier for yourself

    No. It takes less than a minute to log into any of mine. As to different protocols etc. - if you log in with the same details every other day then you'll remember it pretty quickly.

    I'm the same as the others - I skim read my paper statements occasionally but I'll check my online account regularly. It is so much more accurate and up to date than paper.
  • eschaton
    eschaton Posts: 2,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I don't even look at statements. No need as I check most account balances daily and make sure they tie up with what I enter into MS Money.

    That is across 9 different financial institutions / 17 accounts, most active.
  • :spam: post 9
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    :spam: post 9

    You are post 9 :)
    I started with nothing and I am proud to say I still have most of it left.
  • dada44 wrote: »
    do you not find the online logging in details cumbersome?

    esp if you have an account with different banks/companies - usually you have to remember a different and unique set of protocols for each site

    perhaps it's a reason to stick to as few providers as you can... to make it easier for yourself

    Strangely no, though the online login details they give me are usually a string of numbers, having a head for numbers helps here! I use eight different providers in total.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 262K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.