How Do You Select The Best Checking Account?
So many choices – which one is best? I’ll help you prioritize your needs to help you select the best type of account for YOU! First, prioritize what’s important to you. Here are some common features: * Overdraft protection * Online access * Maintenance fees waived with direct deposit * Internet bill pay * Rewards program with debit card use * Fee-free withdrawals at any ATM * Low balance requirement * Interest bearing Make a list of the top four or five things you absolutely have to have. Second, do your research. Not every bank will offer every option. You may have to get an account with some useless features in order to get the ones you really want. Look not only at large banks like Bank of America, US Bank, Wells Fargo, but also look at smaller ones. Check out each bank’s website to gather information quickly. Don’t forget about credit unions. If proximity to the branch isn’t a priority, they can often provide more bang for the buck since they are generally not-for-profit and exist
