Hi, I an looking into Internet Banking but i need to be sure about it. I have software that protects my web surfing,firewall,malware and a good browser. I am open to all pros/cons.
Thank you.
JRH said
07:04 PM Oct 5, 2010
I have been doing all my banking on the net for the last 3 years and not had any problems. I am using a landline and not wireless. I do not know how secure wireless is.
ROAMIN said
07:40 PM Oct 5, 2010
Hi JRH, Yes that is one problem i have to address but it will be only used when no other way is available.
Happywanderer said
08:00 PM Oct 5, 2010
I have been doing online banking for years now, have just gone over to wireless internet, can't see any problems. I do check my balance anytime I come on the internet.
Mind you there's never much in there anyway, only the pension and I spend that so there's none for anybody to pinch.
Sheba said
08:32 PM Oct 5, 2010
So you're another one without a Money Tree Marj ? Big club, isn't it ?
I've been banking on-line for a few years now, with no problems.
I've even started shopping on line. Just a few things so far. The first time was to a company in Yankee-land, which I saw mentioned on this site. Goods come through Hong Kong, and were back within 3 weeks. On top of that, with this firm, everything is Freight-Free.
Will be buying more from them when I can.
Last buy was from Sydney. Freight free also. Bought a RAM upgrade, rather than buy a new Laptop for when I start travelling more.
I paid for it on Friday evening, not expecting it to arrive 'till Tuesday,[today] at the earliest. Came home Monday from Medical appointments, and it was waiting for me.
You have to check Freight Charges before you buy, as sometimes, what looks like a bargain, is not, because Freight is sometimes more than the Cost Price of the Item you want, which negates the "Bargain" aspect.
Cheers, Sheba.
-- Edited by Sheba on Tuesday 5th of October 2010 08:37:49 PM
milo said
09:23 PM Oct 5, 2010
i use netbanking alot, i use it to pay my bills, rather than waiting in line at the old post office..
pauline said
09:30 PM Oct 5, 2010
I have been paying my bills on the net, via banking for probably 4 years now and have never had a problem and now find I pay almost 90% online, always check bank account when online just to be sure but as I say no problems
Dunmowin said
10:01 PM Oct 5, 2010
I have been banking and buying on line for years now, admittadly it was a little scarey to start, but i work for an IT literate company, and this is probably the most important piece of advice they have given me.
Watch the website address: i.e. http:// or https:// if you are banking or buying on line. The "s" in https:// stands for "secure"
The other thing to watch out for is a little "padlock" in the bottom right hand corner of your screen - also means things are secure.
Happywanderer said
10:38 PM Oct 5, 2010
Yep, no money tree in this back yard unfortunately.
I buy a lot online including my glasses from zennioptical. I bought my last 4 pr from them and pay no more than say 35.00. Some have been only about 20.00, more for the transitional. Better than 400.00 from the local guy.
Also have bought and sold a lot of stuff on Ebay using paypal with no difficulties at all.
Some buyer deposited straight into my bank account and i was able to check it online within minutes and go post their parcel straight away.
jules47 said
11:19 PM Oct 5, 2010
I agree - haven't had any problems - the banks have their own very secure firewall systems, and firewalls are built into most computers these days - shopping on line is great - especially out here where I am - I go to a couple of sites - and watch for free shipping days, try and buy bigger items then - like rugs etc.
Sheba said
11:40 PM Oct 5, 2010
I pay some bills on-line, but I'm still a bit leary of E-bay.
Cheers, Sheba.
Cruising Granny said
12:00 AM Oct 6, 2010
I've had wireless broadband since 07 and never had a problem with the banking and bill paying.
One thing you must never do is give the payee authority to take money out of your account.
Always authorise your payments from the bank site end through b-pay or similar. My internet account is with Bigpond and I have organised a regular payment from my bank to them monthly when it's due. Do not authorise Bigpond or Telstra or anyone else to pay themselves out of your account by direct debit.
I've paid a couple of memberships to website hosts and they've paid themselves when the account is due without sending me a reminder. Lesson learned.
Take your time when you set it up. If you need help phone their support line and they'll talk you through it.
The bank sites are secure as far as I've experienced. If you have security programmes on your computer you should be right.
I'm just speaking from my personal experience. We have to trust sometimes. Not everyone is out to rip us off.
lilly said
05:37 AM Oct 6, 2010
sheba hi wot sites do you shop from in u.s.a been trying to fine best ones .....
jimricho said
08:39 AM Oct 6, 2010
I have use internet banking for several years, so far without any concerns. I can use this to regularly check my bank and credit card activity in order to pick up any "strange" activity early. I also make use of direct debits wherever possible.
A few precautions are suggested however....
Use "strong" passwords that are unlikely to be guessed, eg a mixture of letters and numerals and upper and lower case (passwords are usually case sensitive)
NEVER (deliberate shouting) give anyone passwords, pin numbers etc, either by emails, letters, or over the phone. Banks will never ask for this information by email etc. Watch out for forged bank websites asking for this info.
Don't use Internet kiosks, or public Wi Fi connections such as those at caravan parks, McDonalds, etc. for internet banking.
Set up a separate email address for "private" use and don't use this one for anything other than confidential or personal stuff, never for jokes etc that are likely to be forwarded on.
sheba hi wot sites do you shop from in u.s.a been trying to fine best ones .....
Hi lilly,
Depends what you're after. I've only dealt with Deal Extreme over there. So far have bought Eneloop AA Batteries, [4 Pack for $11.83] some spare [seniors' moment,] pointers for GPS. Also Bluetooth Hands-free Car Kit.
I'll be getting more of the batteries at least, as soon as I can afford to. There have been 1 or 2 things I have wanted to get, but have had to wait 'till I could afford to, and by that time, they have sold out of that particular product, so get things when you can afford to.
Cheers, Sheba.
-- Edited by Sheba on Wednesday 6th of October 2010 07:15:49 PM
glassies said
07:44 PM Oct 6, 2010
we run a business do all online payments ect never had a problem i only use the fre avg been doing it for seven years now
PeterD said
08:49 PM Oct 6, 2010
I'm with jimricho, do not use hotspots including the ones in caravan parks that you may have to pay for. Internet cafes are also suspect. I used to connect my own laptop to their lines for banking but I don't think I would do that today.
I now only use my own Bigpond wireless internet connection when on the road. I feel perfectly safe with it.
ROAMIN said
07:22 AM Oct 7, 2010
Hi, Well after reading all of the replies to my post it looks i will take the leap and try it.
-- Edited by ROAMIN on Thursday 7th of October 2010 07:23:38 AM
Gary and Kerry said
11:02 AM Oct 16, 2010
We use internet banking all the time and no problems so far. don't use hotspots always go to a library as they have secure systems.
Buzz Lightbulb said
02:31 PM May 23, 2022
Be careful about your internet banking. According to Google, we should be switching to post-quantum cryptography (PQC) algorithms now before it's too late.
Apparently our encrypted passwords are being saved for decryption once the quantum computers are available. There may also be quantum computers somewhere out there that could already decrypt passwords.
I am using more cheques these days. Works perfectly well without internet.
woolman said
05:37 PM May 23, 2022
On line banking is safe and I was abvised 30 years ago. Buy a good internet security, not a freebee. And do regular backups, every time you close down.
If you get an email or text message from your bank or say they are, DO NOT OPEN, go to your bank logon and dheck. If it is important it will be there on yout log on page.
There is some conjecture about free and paid for virus protection. I can't see the free product will be updated, sometimes several times a day. Simple economics, get what you pay for.
I am not a computer geek, just worked too hard to thow away money to scammers
Dont worry but just be aware
Neil
PeterInSa said
08:05 PM May 23, 2022
Re (Don't use Internet kiosks, or public Wi Fi connections such as those at caravan parks, McDonalds, etc. for internet banking)
A friend has the McDonalds App, We go occasionally, so loaded the App, used it today for 20% off with free 2 seniors Coffee's
You order and pick up a Table Number at the cash desk load that in, hit Go on your phone and sit at your table for the meal to be delivered. You must have Wi Fi Turned on, your Master Card details are in the App/WiFi signal, am wondering if there were any WiFi Hackers in Maccas North Adelaide today.
TimTim said
08:09 PM May 23, 2022
Some useful tips have been posted especially the lock and not to click on links in emails. The scammers are getting very sophisticated now and generally emails from your bank etc may tell you to long into your account but not provide a link. Some of the fake websites look very real so it is better to either type the web address or save a link once you know it is genuine.
Some useful information here and your individual bank may also have some.
Not related to online banking but I started receiving information sms messages on my phone from Telstra. After a while they made reference to my son opening a Telstra account and used his name so I called Telstra and they confirmed that they were not from them. These message went of for about 18 months before they then started to provide the links in the messages for me to click and that was when I blocked the number. The scammers are getting very patient.
Sometimes the organisations themselves that are trying to contact you are not the smartest. Not long ago I received an email from the NRMA saying i had been overcharged for my insurance and that I was due a refund. Being on my secure computer just for fun I clicked the link in the email which took me to a form requesting my bank account details. I stopped at that stage and phoned NRMA directly. Yes it was genuine, and as i explained to the polite lady on the phone, many people will think it is a scam. She said she had received hundreds of calls like mine. She said if I provided my bank account details she could process the refund. My reply was that I wouldnt want my bank account details on their system so please send me a cheque.
-- Edited by TimTim on Monday 23rd of May 2022 08:13:19 PM
Cuppa said
08:21 PM May 23, 2022
Have used internet banking for at least 20 years without problem. Very useful especially when on the road.
I buy a fair bit online but take the precaution of using a debit card for all online transactions. Most of the time I keep less than $10 in the account & only top it up with the required amount to make a purchase. That way if the card is ever 'compromised' they can't get more than a few dollars. We also keep a regular eye on our statements. We have two banks, one of the big 4 & an internet only bank. Transferring between them is almost instant these days.
Travelling without internet banking would be unthinkable for us.
We never use public wifi as others have suggested.
Meredith said
11:21 PM May 23, 2022
I have been using internet banking for almost 20 years and have never had a problem. I never save my password on my computer or have it written down, I never use internet banking on public networks like caravan parks or McD's etc, and my computer is secure. I never ever log into anything that I want secure like banking or anything important at all through email links. I feel more secure using it than I would just a card and statements, I can and do check my accounts regularly, making sure all transactions and balances are correct, waiting for a statement to come once a month would definitely be more of an issue.
Blues Man said
07:28 AM May 24, 2022
Cuppa wrote:
Have used internet banking for at least 20 years without problem. Very useful especially when on the road.
I buy a fair bit online but take the precaution of using a debit card for all online transactions. Most of the time I keep less than $10 in the account & only top it up with the required amount to make a purchase. That way if the card is ever 'compromised' they can't get more than a few dollars. We also keep a regular eye on our statements. We have two banks, one of the big 4 & an internet only bank. Transferring between them is almost instant these days.
Travelling without internet banking would be unthinkable for us.
We never use public wifi as others have suggested.
Hi Cuppa , yeah we do exactly the same as you and it has always worked a treat .Isn't modern technology great.
bratboy said
07:53 AM May 24, 2022
Blues Man wrote:
Cuppa wrote:
Have used internet banking for at least 20 years without problem. Very useful especially when on the road.
I buy a fair bit online but take the precaution of using a debit card for all online transactions. Most of the time I keep less than $10 in the account & only top it up with the required amount to make a purchase. That way if the card is ever 'compromised' they can't get more than a few dollars. We also keep a regular eye on our statements. We have two banks, one of the big 4 & an internet only bank. Transferring between them is almost instant these days.
Travelling without internet banking would be unthinkable for us.
We never use public wifi as others have suggested.
Hi Cuppa , yeah we do exactly the same as you and it has always worked a treat .Isn't modern technology great.
X3 the thought of standing in line to pay a bill is unthinkable these days .
Aus-Kiwi said
11:27 AM May 24, 2022
Never had a problem . I use PayPal. The odd time Ive bought something that wasnt up to spec ? Simply returned it !! As soon as it went through post office . My money was credited back ! Ive bought things from
US, NZ no issues !! Anything to do with money can be corrupt! I can keep a better budget also !! Know what is going in & out !!
dorian said
01:39 PM May 24, 2022
Does anyone use a VPN via public wifi for Internet banking? Shouldn't that be safe? As I understand it, all traffic between your device and the hotspot is encrypted, so no eavesdropper would be able to decipher your communications or see where you were connecting.
I an looking into Internet Banking but i need to be sure about it.
I have software that protects my web surfing,firewall,malware and a good browser.
I am open to all pros/cons.
Thank you.
Yes that is one problem i have to address but it will be only used when no other way is available.
I've been banking on-line for a few years now, with no problems.
I've even started shopping on line. Just a few things so far. The first time was to a company in Yankee-land, which I saw mentioned on this site. Goods come through Hong Kong, and were back within 3 weeks. On top of that, with this firm, everything is Freight-Free.
Will be buying more from them when I can.
Last buy was from Sydney. Freight free also. Bought a RAM upgrade, rather than buy a new Laptop for when I start travelling more.
I paid for it on Friday evening, not expecting it to arrive 'till Tuesday,[today] at the earliest.
Came home Monday from Medical appointments, and it was waiting for me.
You have to check Freight Charges before you buy, as sometimes, what looks like a bargain, is not, because Freight is sometimes more than the Cost Price of the Item you want, which negates the "Bargain" aspect.
Cheers,
Sheba.
-- Edited by Sheba on Tuesday 5th of October 2010 08:37:49 PM
Watch the website address: i.e. http:// or https:// if you are banking or buying on line. The "s" in https:// stands for "secure"
The other thing to watch out for is a little "padlock" in the bottom right hand corner of your screen - also means things are secure.
Cheers,
Sheba.
A few precautions are suggested however....
Use "strong" passwords that are unlikely to be guessed, eg a mixture of letters and numerals and upper and lower case (passwords are usually case sensitive)
NEVER (deliberate shouting) give anyone passwords, pin numbers etc, either by emails, letters, or over the phone. Banks will never ask for this information by email etc. Watch out for forged bank websites asking for this info.
Don't use Internet kiosks, or public Wi Fi connections such as those at caravan parks, McDonalds, etc. for internet banking.
Set up a separate email address for "private" use and don't use this one for anything other than confidential or personal stuff, never for jokes etc that are likely to be forwarded on.
two sites worth checking....
http://www.scamwatch.gov.au/
http://www.staysmartonline.gov.au/
Depends what you're after. I've only dealt with Deal Extreme over there. So far have bought Eneloop AA Batteries, [4 Pack for $11.83] some spare [seniors' moment,] pointers for GPS. Also Bluetooth Hands-free Car Kit.
I'll be getting more of the batteries at least, as soon as I can afford to. There have been 1 or 2 things I have wanted to get, but have had to wait 'till I could afford to, and by that time, they have sold out of that particular product, so get things when you can afford to.
Cheers,
Sheba.
-- Edited by Sheba on Wednesday 6th of October 2010 07:15:49 PM
Well after reading all of the replies to my post it looks i will take the leap and try it.
-- Edited by ROAMIN on Thursday 7th of October 2010 07:23:38 AM
don't use hotspots always go to a library as they have secure systems.
Be careful about your internet banking. According to Google, we should be switching to post-quantum cryptography (PQC) algorithms now before it's too late.
Apparently our encrypted passwords are being saved for decryption once the quantum computers are available. There may also be quantum computers somewhere out there that could already decrypt passwords.
https://www.nature.com/articles/s41586-022-04623-2
I am using more cheques these days. Works perfectly well without internet.
On line banking is safe and I was abvised 30 years ago. Buy a good internet security, not a freebee. And do regular backups, every time you close down.
If you get an email or text message from your bank or say they are, DO NOT OPEN, go to your bank logon and dheck. If it is important it will be there on yout log on page.
There is some conjecture about free and paid for virus protection. I can't see the free product will be updated, sometimes several times a day. Simple economics, get what you pay for.
I am not a computer geek, just worked too hard to thow away money to scammers
Dont worry but just be aware
Neil
A friend has the McDonalds App, We go occasionally, so loaded the App, used it today for 20% off with free 2 seniors Coffee's
You order and pick up a Table Number at the cash desk load that in, hit Go on your phone and sit at your table for the meal to be delivered. You must have Wi Fi Turned on, your Master Card details are in the App/WiFi signal, am wondering if there were any WiFi Hackers in Maccas North Adelaide today.
Some useful tips have been posted especially the lock and not to click on links in emails. The scammers are getting very sophisticated now and generally emails from your bank etc may tell you to long into your account but not provide a link. Some of the fake websites look very real so it is better to either type the web address or save a link once you know it is genuine.
Some useful information here and your individual bank may also have some.
https://www.accc.gov.au/consumers/online-shopping/internet-banking
Not related to online banking but I started receiving information sms messages on my phone from Telstra. After a while they made reference to my son opening a Telstra account and used his name so I called Telstra and they confirmed that they were not from them. These message went of for about 18 months before they then started to provide the links in the messages for me to click and that was when I blocked the number. The scammers are getting very patient.
Sometimes the organisations themselves that are trying to contact you are not the smartest. Not long ago I received an email from the NRMA saying i had been overcharged for my insurance and that I was due a refund. Being on my secure computer just for fun I clicked the link in the email which took me to a form requesting my bank account details. I stopped at that stage and phoned NRMA directly. Yes it was genuine, and as i explained to the polite lady on the phone, many people will think it is a scam. She said she had received hundreds of calls like mine. She said if I provided my bank account details she could process the refund. My reply was that I wouldnt want my bank account details on their system so please send me a cheque.
-- Edited by TimTim on Monday 23rd of May 2022 08:13:19 PM
I buy a fair bit online but take the precaution of using a debit card for all online transactions. Most of the time I keep less than $10 in the account & only top it up with the required amount to make a purchase. That way if the card is ever 'compromised' they can't get more than a few dollars. We also keep a regular eye on our statements. We have two banks, one of the big 4 & an internet only bank. Transferring between them is almost instant these days.
Travelling without internet banking would be unthinkable for us.
We never use public wifi as others have suggested.
Hi Cuppa , yeah we do exactly the same as you and it has always worked a treat .Isn't modern technology great.
X3 the thought of standing in line to pay a bill is unthinkable these days .
US, NZ no issues !! Anything to do with money can be corrupt! I can keep a better budget also !! Know what is going in & out !!