also curious how
The text message alert is set up on the online banking site - I set it up to send a text message whenever there's a debit >$1. There are a few banks (Chase is one) that even offer real-time alerts where you get texted as soon as the transaction happens, but most will send the alerts at some time of the day. It's a shame that more banks don't implement and advertise that feature to prevent fraud. To me it's comforting to get a text as soon as the card gets swiped.