All About Checking Accounts

Checking accounts are a great way to access the money you have in the bank to pay bills or purchase items you want at the store. Learning the basics about checking accounts is a good first step toward getting to your money faster and easier than having to withdraw it in person.

What Is a Checking Account?

Traditionally checking accounts are accounts that let you access your money by writing checks or going to the bank for checking account funds. Checking accounts are still those things, but with the ability to add a check card to your account you can now use checking accounts for online purchases and make store purchases much more easily by using your card just like a credit card.

What Is the Best Checking Account For Me?

There are several types of personal checking accounts available, including student, interest-bearing and free checking accounts. Student accounts are a good option for college students that need a little more flexibility with their first accounts. Interest-bearing accounts are perfect for individuals who carry higher account balances and want to earn interest on the money they keep in the bank. Free checking accounts usually work well for customers who can meet minimum requirements and are looking for an account that doesn’t charge monthly fees.

How Can I Open a Checking Account?

To open a bank checking account, visit your local bank branch and speak with a personal banker. They can help you determine what type of account is best for your situation and help you get your checking account set up right away. They can also help you order a check card if you want one for your account and your first checks so you can start using your account, and provide you with your account information so you can set up direct deposit with your employer if you’d like to have your paychecks deposited directly into your account.

Be sure to ask your personal banker any questions you have about opening a checking account and the benefits available for each type of account to help you determine what kind of checking account is right for you.