About Free Checking Accounts
Many banks offer free checking to entice new customers, and having a checking account with no monthly service fees is definitely appealing. Free checking might not always be entirely free, though, so it’s important that you carefully read the fine print and familiarize yourself with all the transaction charges that your bank or credit union might levy. Essentially, when financial institutions refer to free checking, they mean that you will not be charged a monthly account fee.
Many banks and credit unions offer free checking accounts, so do your research before you fork over a few extra dollars a month for a less-than-stellar checking account. To help you do your homework, GOBankingRates features all the information you need to find best free checking accounts available.