Online banking has many benefits—from a simple way to pay bills to a historical portal of your banking statements. For those of you who haven’t tried it because of safety concerns, here are three tips to protect yourself from online fraud:

  1. Make sure you are using an American bank that is insured against theft by the Federal Deposit Insurance Corp. The insurance applies to any sum up to $250,000.
  2. Be vigilant about monitoring your transactions and respond to alerts from your bank if a charge or withdrawal appears to be suspicious.
  3. Never respond to emails from your bank or click on an attachment. Because of the fraud risk, banks are not using email to communicate more than a basic alert or a sales notice to their customers.
If you are concerned, contact your bank by phone or in person (but don’t reply using information included in the email you received).