Checking Account


Check out our favorite Checking Accounts here.

Checking Account’s are meant for everyday usage with easy access to your cash. Due to this spending freedom, they have lower interest rates than a traditional savings account.

  • Accompanied with a Debit and/or Check Book

  • Lower interest rates than a Savings Account

  • Perfect for everyday spending such as food, gas, utilities.


  • Account Fees - Some banks especially those with national wide brick and mortar locations will charge maintenance fees. These may be waived on a bank to bank basis if certain criteria are met outlined when establishing the account. Such as, minimum balance or setting up direct deposit.

  • Overdraft Fees - Over drafting your account will typically incur a fee. Certain banks will overdraft protection that will simply decline your purchase if it would overdraw your account. That protection may be a necessity with your budget.

Nearly all Checking Accounts will fall into one of these categories, each having their own benefits and restrictions.

  • Personal Checking Account - Typically these will be your national wide banks who offer a large network of ATM’s and a personal experience with customer service experts at your local branch.

  • Online Checking Account - Online only accounts typically offer higher interest rates and lower fees than your local brick and mortar branch due to not having the overhead cost associated with a physical bank. They offer a large ATM network. However, they have less options when it comes to cash deposits and do not offer the same level of personal customer service.

  • High Interest/Rewards Checking - Checking accounts that offer a higher interest rate but still have easy access to your money for every day usage. They will typically require some hoops to go through such as a high minimum balance. These are the least common type of Checking Account.

  • Business Checking Account - These are important for keeping your personal finances separated from your business. This will make it easier on you to keep an accurate record when you prepare your taxes.