Logging into bank account every day?

sausage_time

I used to check most accounts daily, but with transaction alerts on apps for most institutions there is less need these days.  I reconcile balances 2-3 times a week on my busier accounts.

Theleak250

Just remember that bank notifications which appear on the Lock Screen and are readable if the device is locked are a security risk.

sausage_time

Theleak250 said:

Just remember that bank notifications which appear on the Lock Screen and are readable if the device is locked are a security risk.

I have that turned off (Android).  You can see a popup, but content is hidden until unlocked.

Nasqueron

Bridlington1 said:

HedgehogRulez said:

i thought you had to check your balance at least 5 times a day or else it will raise KYC money laundering red flags.

Thanks for flagging this, don't want to get caught out by any new pole tax.

Make sure you don't erect any flags outside your house then

Any new income/wealth/land tax would be unrelated to logging into your bank account, I do it daily usually to move money in or out for bills

miller

UKX69 said:

I check my bank and credit card accounts every morning. Just in case someone has hacked in and made a large deposit! 😏

As a kid someone deposited roughly £2,500 into my Lloyds' account. The bank sent me a letter and removed it before I noticed, but I did get to keep the interest. These were in the days of blank Bank Giro Credit slips so someone probably wrote the wrong account number on it.

Bridlington1 said:

danny13579 said:

Jami74 said:

Same. I did use to wonder if a human ever looked what they'd think of my multiple logging ins and sometimes moving small amounts of money all over the place and back again. But it's usual behaviour for me so nothing to flag.

It would be a very long list for me. I've been known to log in and move amounts as low as 1p across! Sad, I know. 

I do the same, I've gone as far as to discover that Darlington BS won't let you withdraw anything less than £1 if you try typing ``0." first but do if you type ``10." and then remove the 1.

Interesting (to me at least), that they're using client-side validation of input for that field (presumably JavaScript or similar). Someone discovered that the British Airways webpages could be manipulated using a JavaScript block to show the refund page when they'd hidden it during the pandemic to show only voucher refunds.

Lloyds will contact you suggesting you log in if you don't do it for a while, so logging in frequently will prevent that.

UKX69

miller said:

UKX69 said:

I check my bank and credit card accounts every morning. Just in case someone has hacked in and made a large deposit! 😏

As a kid someone deposited roughly £2,500 into my Lloyds' account. The bank sent me a letter and removed it before I noticed, but I did get to keep the interest. These were in the days of blank Bank Giro Credit slips so someone probably wrote the wrong account number on it.

Bridlington1 said:

danny13579 said:

Jami74 said:

Same. I did use to wonder if a human ever looked what they'd think of my multiple logging ins and sometimes moving small amounts of money all over the place and back again. But it's usual behaviour for me so nothing to flag.

It would be a very long list for me. I've been known to log in and move amounts as low as 1p across! Sad, I know. 

I do the same, I've gone as far as to discover that Darlington BS won't let you withdraw anything less than £1 if you try typing ``0." first but do if you type ``10." and then remove the 1.

Interesting (to me at least), that they're using client-side validation of input for that field (presumably JavaScript or similar). Someone discovered that the British Airways webpages could be manipulated using a JavaScript block to show the refund page when they'd hidden it during the pandemic to show only voucher refunds.

Lloyds will contact you suggesting you log in if you don't do it for a while, so logging in frequently will prevent that.

Many, many years ago I paid for my car insurance by debit card over the phone, (this was in the days before home computers). On checking the bank balance at the ATM, I saw that the cash that I had allotted for the insurance had not been taken when I knew the insurance company had claimed the payment and sent me the papers. Being the honest person I am, I went into the bank and pointed this out. They rechecked every transaction over the month and sure enough the amount had not been taken. The assistant said that either the company had made a mistake or the wrong account had been debited. He did point out that if there was an error on theinsurance companies part, I could be driving uninsured. I did recheck with them and they were happy with the payment. Never heard anything more about it!

jimjames

danny13579 said:

Jami74 said:

Same. I did use to wonder if a human ever looked what they'd think of my multiple logging ins and sometimes moving small amounts of money all over the place and back again. But it's usual behaviour for me so nothing to flag.

It would be a very long list for me. I've been known to log in and move amounts as low as 1p across! Sad, I know. 

One thing I've found is that with Halifax/BoS payments don't show if received while you're logged in unless a transaction is made. So by moving 1p between my accounts it refreshes the balance and allows me to pay bills with the money credited.