Learn to be a Financial Hunter - Not the Hunted
|
|
|
|
|
|
|
You Are Here: Home > Personal Finance > Banking & Saving > FAQ > Question and answer

Online Banking

How to easily manage multiple accounts

Internet banking is great, so efficient and easy to use as well as being very secure.

But as you indicate it can get messy if you run many different accounts, having to enter the different login and username information.

So consider using a free service offered by the First Direct bank called Internet Banking Plus -
  • You don't need an account with First Direct to use the service
  • When you signup you'll get issued with a username/password, login and choose which bank and credit card accounts you want to track
  • To check on your different accounts login into your newly created account, click the Update button and a summary appears
  • Security is good because First Direct doesn't hold your individual passwords they're actually encrypted on your computer
  • Understand that this service only offers a summary of your different accounts, to manage an individual account (pay a bill etc) you'll still have to login to your bank's main online site

One point to note is that this service only offers a summary of your accounts, it can't be used to manage them, ie transfer money or setup/cancel a direct debit. For that you need to login to the account in question.

But overall the service does a good job, it saves time and offers a quick summary of all your online banking and credit card accounts.

See also

© 2017 LearnMoney.co.uk All rights reserved

The information on the LearnMoney.co.uk website has been compiled from sources believed to be reliable, but is not warranted to be accurate or complete.
All recommendations and comments are provided for general interest only and should not be construed as advice.
Professional advice should always be sought before buying or investing in any financial product.
The price of securities and any income from them can go down as well as up.
Past performance of a security or market is not necessarily indicative of future trends.
Any opinions and recommendations on LearnMoney.co.uk are given in good faith, but without legal responsibility and are subject to change without notice
.