Direct deposit alerts can let you know when your paycheck hits your checking account, which can help in scheduling bill payments and budgeting. Many banks also offer similar alerts, such as when a deposited check clears your account.Overdraft fees are one of the biggest charges you can incur on an account. The average fee was $26.77 according to Bankrate’s most recent Checking Account Survey . By getting alerted when your account’s balance is running low, you can avoid overdrawing the account and getting hi ...