For the last several years I have enjoyed the independence and convenience of online banking. But there was a time when that wasn’t the case. I remember getting on the bus to make that commute to the bank. Rushing after work to get there before they closed. Or getting up at the crack of dawn to get there right when they open so I could be the first in line before work. Or locating a branch that was open on the weekend in a local grocery store letting me do double duty. Filling out deposit slips and getting paper statements in the mail. Well, those days are over for me. Online banking has become such a regular part of my daily life it is second nature. I just get online and log in to my account. It is just that fast. Just that simple. Just that accessible.
Yet, that is the thing. Accessible. If online banking were not accessible then I would be up the creek without a paddle. My independence would be gone. My privacy would be gone. I would be susceptible to fraud and identity theft, which happen to me in my early years of blindness. I would have to depend on sighted folks to help me with my financial management. So, let me really break it down. How valuable and how critical accessible online banking is to my life as a blind person. Why it should be accessible to anyone with a visual impairment.
All of my financial institutions I have accounts with are accessible. This means checking, saving, investments and credit cards. All of these accounts I can access online with my internet connection and my screen reader. I can perform the same functions as my sighted peers such as checking balances, pay bills and read statements. And, of course, the most important thing, getting paid!
Paying Bills Online
Initially I started using online banking for its easy and convenient bill pay feature. The endless drudgery and challenges of paying bills the old fashion way was difficult as I lost more vision. It was too much paper to keep track. You know how that goes when it is bill paying time. You got to write numerous checks, note them in the check register and then file away the bill invoice. I had to do all of that as a blind person. Then I had to get sighted help to address envelopes for mailing. Whew, that is a lot of work! So, online bill pay became one of my smart money moves. My billers are located in one place and when I log in I just input the amounts for payment and press the send button. Done. No more writing checks. No more check register. No addressing envelopes. It is all done online.
In fact, online banking for bill pay is a God sent because I can track my payments to my biller. I had to incidents where a biller told me they didn’t get my payment. At first I was stressed out. Then I remembered I paid through online bill pay and those payments could be tracked. After a sigh of relief, I went back to my bank and sent a confirmation of payment. It was just that simple. My bank backed me up on both situations and showed that I indeed paid the bill. Both billers accepted it and the situation was resolved. Now, if I had mailed it the old fashion way I might still be disputing that bill months later. You just can’t track those checks in the mail to well. We have all heard that story, right? The check is in the mail. But with online bill pay I don’t have to deal with that.
Reading Statements Online
Reading my statements online is another feature of online banking that is accessible for me. In the past I would have to scan my paper statements to read with an accessible scanning software. Or get a sighted person to read them, or not read them at all. None of these options were ideal. Scanning the statement would result in columns and rows sometimes being off track leading me to read facts and figures incorrectly. A sighted person left me vulnerable even though they were trustworthy. Not reading them at all left me ignorant of important financial information. Today, I can make smart money moves by going online and reading my statements. I can read them from the actual website or in an PDF file. Either way the process is fairly accessible.
Getting Paid Online
Lastly, online banking is accessible with my freelance writing income. Last year I shared about trying to deposit my blogging checks on my bank’s mobile app. It was a stressful and frustrating situation because the app was not accessible. I advocated for myself but hit a brick wall. So, I pivoted and encouraged my client to do electronic payments and they did. Most recently I had a client that sent me directions to connect to their payment system for direct deposit. It was completely accessible and I got my check in about a week’s time. No more paper checks in the mail. No more getting a ride to the bank to make a deposit. Getting access to my freelance income is another smart money move for me. On a side note, I work with folks that use Quickbooks and this software is accessible. I can easily make electronic payments to them for services rendered.
National Online Bank Day
Today, October 11th, is National Online Bank Day. Ally Bank founded this day in 2015 to honor its 1 millionth customer. But this day has expanded into an awareness campaign educating people about the topic. You can easily scroll the internet and find tons of info about online banks. Since traditional banks are closed today because of the federal holiday of Columbus Day and Indigenous People Day, this might be a good time to look at online banking and make some smart money moves yourself.