What does a Transaction Alert mean as regards the MANHATTAN Platinum/ World MasterCard?
What does a Transaction Alert mean and also what is the threshold amount that will activate a Transaction Alert?
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This basically is an added security measure provided by the bank. When a transaction exceeding a pre-defined value threshold (SGD500) is charged to your credit/debit card, the bank will send you a Transaction Alert via SMS. You may log in to Online Banking to change the threshold value. This alert serves as a fraud prevention measure and you should immediately contact the bank if the transaction was not authorised by you. The threshold amount is SGD500 by default. You may choose to change this amount via Online Banking.