Choosing a Checking Account for All Your Needs

The ability to pay for your debts with a bank “note” has been around for hundreds of years. Modern day checking accounts are based on the original concept that is said to have been started in Holland in the 1500’s. Widespread usage of checking accounts began in Amsterdam as it was a financial hub courtesy of the trade and shipping businesses that were located there. At that time, most business transactions were conducted in cash and those who had it started to deposit it with Dutch “cashiers” as a safety precaution. Instead of running back and forth to withdrawal cash, those with money on deposit started to issue notes (the ancestors of current paper checks) authorizing the cashiers to pay the debt on their behalf.


With a checking account you will have the ability to pay for what you want, when you need it without having to carry around large amounts of cash. Checks, electronic funds, and debit cards are all utilized by depositors to pay for goods and services when they are out and about. Checking accounts are extremely useful tools and if you are getting ready to secure one, make sure to get one that meets all your needs.

When it comes to selecting a checking account for all your needs, you first need to know what your needs are. Are you an on the go kind of person who gets most of your information from the world wide web? Then you need to get a checking account with an online account feature so you can pay bills, transfer money, or check the balance on your account from where ever you are. Perhaps you are a bit sloppy with your book keeping and despite your best efforts you find you always run short on financial resources? If that is the case for you, a checking account with overdraft protection will provide for that need.

After evaluating your needs you can select several types of checking accounts, including:

  • Household checking account
  • Business checking account
  • Single checking account
  • Joint checking account
  • Second chance checking account
  • Interest bearing checking accounts
  • Corporate checking accounts

All you need to do is consider the main purpose of the account and who is it for, then you can easily select a checking account that meets all your needs.