The best way to avoid overdrawing your account is to make sure you know how much is in it. If you know how much money you have put in and taken out of your account, you know exactly how much you can promise to a seller with a debit card or check transaction.
But what are some of the different tools you have to know just how much is in your account to spend? Here are 5 ways to keep track of your account balance at Armed Forces Bank:
1. Online Banking
One way to check your balance is to go on our website and log into Online Banking, a secure, easy-to-navigate site that allows you to see your current account balance, any pending deposit or debit transactions, a list of posted transactions, and any fees.
With Online Banking, you can even transfer funds from another checking account or savings account. While the balance doesn’t include any checks you have written that the vendor hasn’t posted yet or ACH debits you scheduled to pay at a future date, it does give an accurate record of how much is currently available in your account.
2. Mobile Banking
If you have a smartphone, you can use Mobile Banking to receive account alerts, check balances, review transactions, and transfer funds from one account to another. It has a lot of the same features as Online Banking, all on your smartphone—so you can check your account balance anywhere you are.
You can also check your account balance from any phone by calling our toll-free TeleBank number. Simply call the TeleBank number, enter your PIN, then follow the prompts to check your account balance, review recent transactions, or transfer funds.
4. In Person at a Branch
You can also simply stop by one of our branch locations near you. Simply show your ID to any teller, who will be happy to check your account balance free of charge. Many of our branch locations have extended hours and are open seven days a week.
5. Physical Account Register
The fifth method to check your balance is with a physical account register. Although it’s far less common nowadays to use this method thanks to Online and Mobile Banking, it’s still a good way to learn how to manage your money. In your register, you can write down each transaction you make whether you are spending or depositing money. When you spend money, subtract that amount from the ongoing balance. When you deposit money, add it to the ongoing balance. It only takes a minute, and it helps you know exactly how much you have in your account to spend.
All of these tools make it easy to check your account balance before you spend so you can make sure you have more funds available than you’ll be taking out.