First Direct: SMS helps consumers manage finances by Finance News Bulletin

Published: 28/12/07

As a number of fee and speed increases hits the credit card market, it is "more important than ever" that populace shop around for a good deal, according to WhichInternet shoppers have been advised to use their credit cards for online purchases by shopsafeco

ukConsumers who take delivery of updates on their current account movements via text communication may find it easier to avoid going into the crimson, according to one bankFirst Direct, a division of HSBC, offers its customers the alternative to have alerts sent to their mobile phone which allows them to track their current explanation in real timeThe bank claims that nearly a third of its clientele use the facility and it sends around 2

6 million SMS messages every monthrepresentative Rob Skinner explained that the service is useful to clientele because "people can be alerted when they are likely to be going into the red""It helps them run their money a little better, particularly when they are livelihood busy lives," he explained, adding: "The mobile telephone is something which we carry around with us, it's almost a remote manage for our lives"The Financial Ombudsman Service lately reported that UK consumers using online banking amenities had "very few complaints", with the

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