{"id":4794,"date":"2008-09-12T12:19:56","date_gmt":"2008-09-12T17:19:56","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/09\/12\/five-important-questions-to-ask-about-your-checking-account\/"},"modified":"2008-09-12T12:19:56","modified_gmt":"2008-09-12T17:19:56","slug":"five-important-questions-to-ask-about-your-checking-account","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=4794","title":{"rendered":"Five Important Questions To Ask About Your Checking Account"},"content":{"rendered":"
by William Blake<\/div>\n

Banks work hard to get all the business they can, even from small private customers with checking accounts. Because there is competition between banks, not all checking accounts come with the same features. It is up to you to choose which bank to go with.<\/p>\n

If you are still unsure, here are five things that will help you to make that final decision.<\/p>\n

1. Consider Your Needs Each bank customer is interested in slightly different checking account features. The first step in choosing a bank to open a checking account with is deciding what you really need from your account. For example, if you keep a low balance in your account, you would not want to open an account that charges a fee if your balance goes below a certain amount. If you are concerned that you might need to withdrawal extra money sometimes, overdraft protection is one account feature you would be interested in.<\/p>\n

2. How many checks can you write? Yes, there are people that still use checks out there. For them, the amount of check writing they can do each month is crucial. Some banking institutions or credit<\/a> unions are liberal and offer customers the privilege of writing up to fifty checks without a fee being charged. Some banks only allow ten checks a month on any one checking account. <\/p>\n

3. High Checking Account Balance Advantages Some checking accounts can earn their holders interest if the account balance stays high enough. Opening this type of account and then allowing the balance to dip below the minimum level, however, will no doubt mean that you will be charged a penalty fee.<\/p>\n

4. Service Charges Before you open any checking account at any bank, it is very important that you understand all service charges that your account could possibly incur. Some banks charge maintenance fees just to let you have a checking account with them. Other institutions will charge you for writing a lot of checks. Another common fee gets charged to your account if you overdraw and, instead of using a savings account, the bank takes the money from an overdraft account.<\/p>\n

5. Online Banking Services Checking accounts that offer online banking allow customers to view their transactions whenever they want as many times as they want. Such secure online banking accounts let you transfer your money between your accounts, apply for loans, and invest money. Not all banks, however, allow their customers to use online banking services for free. <\/p>\n

Free checking accounts work out great for people working on a tight budget, while checking accounts that earn interest on their balances are useful to individuals looking to invest.<\/p>\n

\n
About the Author:<\/div>\n
Is credit card bill consolidation<\/a> the right way to get your credit cards paid off? It may not be. Find out why on the Debtopedia<\/a> website.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Banks work hard to get all the business they can, even from small private customers with checking accounts. Because there is competition between banks, not all checking accounts come with the same features. It is up to you to choose which bank to go with.<\/p>\n","protected":false},"author":540,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[77],"class_list":["post-4794","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/540"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4794"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4794\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}