What Is a Checking Account?
A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines, and...
A checking account is a type of bank account that offers easy access to deposited funds. Unlike other types of bank accounts – including savings – checking accounts typically allow unlimited withdrawals and deposits, making them a good choice to cover your everyday spending.
In exchange for...
It’s always best to know your options in advance
Checking accounts are an important part of the banking system. These deposit accounts give consumers a place to deposit their money, make transfers, write checks, pay bills, and do other routine banking transactions. The money in checking...
Keep more of your money at the ATM
Over the past 20 years, the cost to use an automated teller machine (ATM) has more than doubled, taking an increasingly large chunk out of consumers’ bank accounts with each cash withdrawal. From an average total fee of about $2.00 per transaction in 1998...