Checking Accounts

A checking account allows you to deposit and withdraw money at your convenience. They often used to pay for items, receive income and make money transactions. Some banks offer free checking accounts while other can have some fees associated to them.

Checking Accounts

Review the different checking accounts available to identify the one that will help you achieve your financial goals.
Checking Accounts
Read our analysis to choose a better checking account through a big bank or your local bank to simplify your finances and save you money.
Checking Accounts
Learn how to open a checking account online to avoid the hassle of multiple forms and identification using online banking.
Review traditional banks and other financial institutions offering personal banking services like savings and deposit accounts.

What is a Checking Account?

A checking account is a deposit account where you can manage all your financial transaction. It allows you to set up automatic transfers to pay for your bills, or receive income such as salary or wages. You can withdraw or deposit money easily, either using an ATM or going to a bank branch, depending on the bank and/or type of account. With a checking account, you can also make payments using a card or a check when available for your type of account.

What Do You Need to Open a Checking Account?

Before opening the account, it’s always best to compare different banks and account’s types to find the one the is best for your needs. Once you have identified the best account for you, you can then proceed to open it. Most banks will require you to be over 18 years old or else have a co-signer in the account. They will also run a background credit check before you can open an account with them.

How Do you Choose the Best Checking Account?

As different banks offer different types of accounts with different features you should consider what features are important for you. For example, some banks will require you to hold a minimum balance in the bank account, or charge you for overdraft limits. Other fees you should consider is the monthly maintenance or any fees associated with going over the maximum amount of transactions each month. 

Choose the best checking account for your needs

Popular Checking Accounts guides

Are Checking Account Bonuses Really Worth it?

Are Free Checking Accounts Actually Free?

Latest Checking Accounts Articles