Checking Account

Checking Accounts with Interest Rates

A checking account is a bank account that allows customers to deposit and withdraw funds while having the protection of FDIC insurance. Checking accounts allow account holders to write checks as a form of payment instead of cash. Account holders also receive ATM/debit cards to withdraw and deposit money from ATMs usually for free if you use your banks ATMs.

Almost every bank will offer a checking account to their customers. Some banks require a minimum deposit that varies from bank to bank. Most banks will require a form of ID and proof of address if you don’t already hold an account with them. Most banks will offers student checking accounts that have little to no fees for low income students. Some checking accounts will yield interest if your checking account falls into certain balance ranges. Here are some of the checking accounts that Bromoney has reviewed:

First Community Bank 4.01% Rewards Checking Account
Get 4.01% APY from First Community Bank.
United Federal Credit Union 6.01% APY Interest Checking Account
Get 6.01%from United Federal Credit Union.

As a checking account owner, it’s your responsibility to keep track of your funds. Banks will issue monthly statements of your banking activity, but you need to stay on top of your funds on a daily basis so you know what your cash flow is like. You should never write checks that can’t be cashed immediately. If someone attempts to cash a check for which you don’t have the available funds, that is known as a “bounced check”. The result of a bounced check is usually a hefty fee from your bank, so you should take care to never bounce a check on your account. Not only that, but you will have to setup another payment for the recipient of your bad check. Some banks will issue the payment, and post a negative balance on the check writer’s account. This is called overdraft. An overdraft on your account typically also comes with a large fee.

To keep track of your funds you should check your monthly statements, keep track of your funds by checking your balance at ATMs, and checking online or over the phone for your balance total. If you’re thinking about opening a small business checking account it might be harder to find free checking, but they do exist.

As long as the account holder stays on top of their balances, checking accounts are both convenient and safe. A savings account is useful for larger sums of money to collect interest on, but a checking account is useful for money that needs to be spent and moved around. If you’ve been reported to the ChexSystems database you may need to open a second chance checking account.

  1. February 11th, 2010 at 23:12 | #1

    I know I had received one last week but I didn’t know I was going to need it but I started working for this company that uses chase so I went to open an account and the lady told me to call her with the code and that she will honor it. I went to open an account with chase today but I would like to get the cupon code.

  2. yvonne van allen
    July 2nd, 2010 at 19:06 | #2

    looking for the 100 chase new acct coupon

    @Flor Rodriguez

  3. July 8th, 2010 at 12:15 | #3

    see the my account

  4. August 6th, 2010 at 10:46 | #4

    I would like to have and extra account.

  5. tracy robinson
    August 7th, 2010 at 14:29 | #5

    i would lovw to open free checking account and salso get cupon coce and also direct deposit from u.s. treasury dept

  6. tracy robinson
    August 7th, 2010 at 14:30 | #6

    i would love to get free checking and coupon also have direct deposit from u.s treasury into new account

  7. RTKK01183A
    August 25th, 2010 at 20:23 | #7

    for the year 2007-2008 detail

  8. surendra pareek
    August 27th, 2010 at 08:33 | #8

    I want to know my net banking password because i want to do internet banking by oriental bank of commerce, So Please you help me about this process

  9. carolyn
    August 28th, 2010 at 19:50 | #9

    im try to open account checking account how much do i pay

  10. August 28th, 2010 at 21:47 | #10

    hi i did received this the email from you thing you very much for that opening this account but i do have want to no about the account that is open and what bank is it the bank of america or u s, bank i have fine that what you did to me thing you very much i did right this comment.

    September 7th, 2010 at 23:58 | #11

    please send quickly.

  12. prabin kumar patel
    September 22nd, 2010 at 19:40 | #12

    nitha patel

  13. October 1st, 2010 at 02:26 | #13

    i want to se my balance of sbi

  14. October 2nd, 2010 at 21:02 | #14

    I am living in Canada is it posible to open an account in US?

  15. October 7th, 2010 at 09:33 | #15

    SB A/C Balance checking.

  16. November 1st, 2010 at 17:29 | #16

    This is a pretty detailed beginners guide on banking. It contains some pretty relevant information that some people ignore. For example, keeping track of bank statements. Seems easy right? Well a lot of people don’t actually do this…

    November 5th, 2010 at 12:15 | #17

    please send saving account pin no

    November 5th, 2010 at 12:18 | #18

    please sent online account checknig passward

  19. November 16th, 2010 at 20:43 | #19

    Me dice q no puedo entrar a mi cuenta de facebook…

  20. jitendra kumar baidya
    November 21st, 2010 at 09:55 | #20

    checking my saving account details

  21. Mukesh Kumar220
    January 17th, 2011 at 10:12 | #21

    sir i want my check account

    February 2nd, 2011 at 01:00 | #22


    February 2nd, 2011 at 01:02 | #23


  24. kapil sehgal
    February 17th, 2011 at 14:57 | #24


  25. Sibani Praharaj
    July 13th, 2011 at 07:56 | #25

    Sibani Sankar Praharaj, Account No:0750104000017277

  26. May 4th, 2012 at 05:41 | #26

    sir my account has closed and I want reopen it please tell me the right way.

  27. May 9th, 2012 at 17:39 | #28


  28. June 9th, 2012 at 20:15 | #29

    ramon R

  29. October 18th, 2012 at 23:38 | #30

    Everything has changed and you will not accept my password or the one you gave me if I could not get on—help!, please.

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