Online banking is a quick, convenient, and user-friendly way to check and manage your money on your phone or computer without having to visit or ring up your bank. Digital providers offer innovative services including the categorisation of your spending, making it easier to keep track of your spending.

An introduction to online banking

How To Open an Online Bank Account

The following video guides you through the process of opening an online bank account and provides you with useful tips to get you started.

Direct Debits and Standing Orders

The following video explains the difference between direct debits and standing orders, and how to set up each one.

For further advice on money, banking and saving, you could look at these online resources:

• Blackbulllion: Blackbullion will empower you to be money smarter and make sound financial decisions. It teaches essential financial skills and habits that will help you through your life. Go to the Blackbullion website and register with your Sheffield Hallam email address. You will then receive a login and password and you can start using the resource.
• MoneySavingExpert: This website founded by financial journalist Martin Lewis offers a detailed and comprehensive base of information, from money saving guides to bank reviews.
• SHU Money Skills: Access Sheffield Hallam's self-assessment tool to review your money skills. You will be asked to fill in a brief series of questions which will generate an email with suggested next steps to improve your money skills.

For information about bank accounts available, you could try:

• Money Saving Expert's guide to banking
• Which? 's guide to bank accounts