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What To Look For In the Best Bank Checking Accounts

Best Bank Checking Accounts

If you’re in the market for a new checking account, you might be feeling a bit overwhelmed by all of the options out there. With so many banks and credit unions to choose from, it can be tough to know where to start. 

A checking account is a useful tool for managing your finances. When choosing the best checking account, there are several important factors to consider to ensure you are getting the best possible value for your money. 

Below are 8 factors to look for when looking for the best checking account:

1. Low Account Fees

 You’ll want to avoid any monthly maintenance fees or account minimums. Many banks will waive these fees if you meet certain criteria, such as maintaining a certain balance or signing up for a direct deposit. Many banks charge fees for each transaction you make, which can quickly add up. Be sure to find an account that offers free or low-cost transactions so you can avoid these fees.

2. Great Customer Service

 Especially if you’re new to banking or not very tech-savvy, it’s important to choose an institution with great customer service. You should be able to easily get in touch with a representative when you need help or have questions about your account. 

3. No Minimum Balance Requirements

Another thing to look for is an account with no minimum balance requirements. This means that you will not be charged a fee if your balance falls below a certain amount. Many banks require a minimum balance to avoid being charged a fee, so be sure to find an account that does not have this requirement.

4. Interest Bearing Accounts 

If you often maintain a large amount of funds in your checking account, you may want to look for an account that offers interest on your deposited funds. However, beware of accounts that have high minimum balances to earn interest; these can offset any interest earned.

5. FDIC Insured

FDIC (Federal Deposit Insurance Corporation) is a government organization that insures your money in the event of bank failure. When you’re looking for the best checking account, be sure to confirm that the bank is FDIC-insured. This will protect your money in the event that the bank goes out of business.

6. Online and Mobile Banking

 This feature allows you to access your account information and make transactions using your computer or mobile device. Many banks offer this feature, but some do not, so be sure to find one that does if you need it. 

7. Access to ATMs and Branches

One thing to consider is how easy it will be to access your money. If you frequently use out-of-network ATMs, look for an account that reimburses ATM fees. Many online banks also have partnerships with specific ATM networks that offer fee-free withdrawals.

8. Rewards Programs

 Some banks offer rewards programs where you can earn points for every dollar you spend using your debit card linked to the account. The points earned can then be redeemed for cash back.


Choosing a checking account can be overwhelming but if you keep the above factors in mind, you will be sure to find the best checking account for your needs! Now that you know what to look for in a checking account, it’s time to start shopping around for the best option for you.

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