Opening a checking account was once a simple task. Over the past few decades, checking products have expanded drastically. Today there are so many types of checking accounts available that it’s important to research all options and analyze your personal finances before you sign on the dotted line.
Technology has improved and so have checking accounts, which means there are now numerous types of checking accounts for consumers to choose from, including free checking accounts, high-yield checking accounts and online checking accounts. Checking accounts enable you to deposit your money safely so you can pay bills and other expenses using checks or a debit card.
Other checking account types include business checking accounts; prepaid, debit card checking accounts; and student checking accounts. Explore them and others at GOBankingRates today.