Enroll in Woodforest Online Banking Services for More Convinience
Just enroll in Woodfoorest Online Banking to manage your account, it is convenient, easy and secure. You can use online banking to make payments, receive email notifications, get account alerts, transfer money, and go paperless with Woodforest eStatements. Enroll in Woodforest Online Banking Instructions Woodforest Online Banking is easy to use, you may set up payment reminders, automatic/recurring payments to your payees, and even payment categories when you make bill payment. Email notifications will help you have a good knowledge of your account balances, so you can make adjustment to your account activities. You will get automatic security alerts when your password change, address change, phone number change, and so on to help you protect your account safety. Woodforest Online Services works with Quicken and QuickBooks, so you can easily download/export your account information to one of these personal financial management software packages for planning, budgeting and tracking your finances. To enroll in Woodforest Online Banking only takes a few steps:
- Visit www.woodforest.com, click on Enroll link on the left side of the page.
- Then you can click "Detailed Enrollment Guide" to download a PDF document to learn how to enroll, or click on "Click Here to Sign Up" button.
- Select the identification type from the drop-down list, you can choose Social Security Number, Driver’s License, State Identification Card, Matricula Card, Military Identification, or Passport. Then enter the identification number.
- If you choose a Woodforest account or debit card number, you will have to enter your checking, savings, or debit card number in the Account field, your mother's maiden name, and your date of birth. If you select a “Welcome9rdquo; token, enter your welcome token.
- Review the Woodforest National Bank Online Services Agreement and click "I Accept" to proceed.
- Select if you would like to enroll in eStatement services
- Setup your User Profile. Enter your primary email address which will receive a verification email to complete the verification process.
- Set your security questions and answers.
About Woodforest Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. In addition to a second chance checking account for consumers, Woodforest National Bank also offers a second chance business account. Reference Links
Current account overdraft fees: the worst offenders among popular accounts
T he financial watchdog has slammed banks that charge their customers high overdraft fees, warning the "status quo is not an option".
Following a review into high-cost credit, the Financial Conduct Authority (FCA) called for "fundamental changes" to the way unarranged overdrafts are provided.
As it stands, overdraft fees vary widely. Even if you agree an overdraft with your bank, you could still pay hundreds of pounds per year in charges. Unarranged overdrafts will charge far more.
Most of the current accounts with rewards for those who stay in credit, apply hefty penalties for breaching an overdraft limit. We round-up some of those charges.
Santander’s current account* remains a popular option for savers thanks to the 1.5pc it pays on balances up to £20,000, plus up to 3pc cashback.
However, it charges some of the highest unarranged overdraft fees, although a monthly charge cap of £95 provides much protection.
Arranged overdraft fee: On overdrafts up to £2,000 - £1 per day. Between £2,000 and £2,999.999 - £2 per day. Santander charges £3 per day for overdrafts of £3,000 and above.
Unarranged overdraft fee: £6 per day. Capped at £95 per month.
The 123 account does not charge for unpaid transactions, unlike Santander’s Everyday current account which applies a £10 fee.
I nstead of interest, Halifax rewards account holders with £3 per month when £750 is paid in. However, customers distracted by the gain may not realise the expensive overdraft charges that apply.
Arranged overdraft fee: On overdrafts up to £1,999.999 - £1 per day. Between £2,000 and £2,999.999 - £2 per day. Halifax charges £3 per day for overdrafts of £3,000 and above.
Unarranged overdraft: £5 per day. Capped at £100 per month.
If you're good with staying in credit, Halifax is currently offering £125 (offer reduces after midnight tonight) to customers who switch to its current account.
The Select account offered by RBS* and NatWest* does not pay interest and carries hefty overdraft fees.
Arranged overdraft fee: £6 per month plus 19.89pc interest.
Unarranged overdraft fee: £8 per day. Capped at £80 per month.
RBS and NatWest also charge £8 for each unpaid transaction up to £80 per month.
B oth of the above accounts have made headlines thanks to decent rates. The Club Lloyds account pays 2pc on balances between £1 and £5,000 and TSB's Classic account* offers 3pc on savings up to £1,500.
While the interest rates differ, the two providers both offer similar overdraft facilities.
Fee free buffer: £10 for TSB and £100 for Lloyds
Arranged overdraft: £6 per month plus 19.89pc interest with Lloyds, or 19.84pc with TSB.
U narranged overdraft: For overdrafts between £10 and £25 a £5 fee applies. Above £25, you will be charged £10 per day. This is capped at £80 per month plus interest.
Both banks also charge £10 for each transaction when overdrawn, capped at three items per day.
And some of the less costly options if you're a good borrower
If you're good at sticking to your limit, First Direct and M&S Bank offer low-cost overdrafts.
First Direct’s current account* charges a similar daily fee for those who go into an unplanned overdraft. However, it offers a generous buffer of £250 and is not to hard on those who require an arranged overdraft.
Unarranged overdraft: £5 per day. Capped at £80 a month.
First Direct also offers a £100 switching bonus.