Checking Account

RECENT NEWS
MarketWatch  Jun 28  Comment 
The bank is rolling out a new online checking account nationwide.
Motley Fool  Jun 5  Comment 
There are many, many checking accounts on the American banking market. Some even pay you -- in cash, or other currency -- to open them
Motley Fool  Apr 5  Comment 
One in five Americans knows more about what's going on with their credit card rewards than with the money in their checking account
Clusterstock  Mar 6  Comment 
Amazon plans to launch a "checking account-like" product, the Wall Street Journal reported Monday. Bank of America analysts say the move is more about increasing customer engagement than disrupting the financials sector. The analysts say the...
Motley Fool  Jan 25  Comment 
Where do you keep your savings? It can make more of a difference than you think.
MarketWatch  Jan 23  Comment 
Bank of America has shut down one of its checking accounts, used by some low-income consumers.
TechCrunch  Aug 3  Comment 
 Savings app Qapital wants people to make more conscious decisions around their money. While to date that meant helping its users build up savings, now Qapital will help manage their day-to-day spending through a new checking account and debit...
MarketWatch  Aug 2  Comment 
J.P. Morgan Chase & Co. was fined $4.6 millionby the Consumer Financial Protection Bureau for failures related to information it provides for checking account screening reports. Chase failed to have adequate processes for accurately reporting...




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A checking account is a transactional account or demand deposit account maintained for routine deposits and withdrawals. Money held in a checking account is more liquid that that in a savings account and can be withdrawn via checks, ATMs and electronic debits. Checking accounts generally pay lower rates of interest than savings accounts and are offered by banks for a minimal or no fee at all.

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