Being frugal and financially responsible are some of the most beneficial traits you learned from your parents. Your father was very structured and he taught you how to pay off your credit card balance at the end of every month. Your mother was a coupon clipper and bargain shopper extraordinaire. She taught you never to pay at retail price – now combining those two traits you learned from your parents, you have managed to always live within your means, accrue very minimum debt, and you’re beginning to build a great credit history for yourself. To take this one step further, you are going to open a free checking account and save even more.
The banking market is literally bursting with dozens of opportunities to open free checking accounts, but every individual is different so it is important to know exactly what policy each transactional account entails. It is good to have a great sense of self and an understanding of your financial history so that you can choose the the right checking account that meets your needs.
Here are some free checking account opportunities that you can take advantage of today:
- Free student checking accounts
- Free checking accounts for those over 55 years of age
- Free checking accounts for workers who arrange direct deposit
- Free checking accounts for opening an account online
- Promotional Free checking accounts offered by banks
It is very simple to open a free checking account. For those who like the personal touch, all it takes is a simple walk into your local branch and the bank representative there will give you all the paperwork you need to open a checking account.
For those who really want to ensure they get all the banking services for free (i.e. unlimited check writing, overdraft protection, free alerts, online access, automatic bill payments, etc.) then the best place to open a free checking account is on the web. Once you locate the account of your choice, online forms will need to be completed – money needs to be fed into your account (the sites will explain all the details) and your check design will need to be selected and you are good to go.