Checking Account Features: Overrated vs. Essential

3 Checking Account Features to Avoid and 3 to Consider

Overrated Features:

• Interest-bearing option: High-yield savings accounts offer more growth potential than checking accounts.
• Free checks: Ordering checks online is a more cost-effective alternative.
• Bonuses for new customers: While initially appealing, these bonuses hold limited long-term value.

Features That Matter:

1. Lack of fees: Look for accounts with no maintenance fees and potential waivers for overdraft fees.
2. Fee-free ATM access: Check if the bank provides reimbursements for out-of-network ATM fees.
3. Strong online and mobile tools: Choose a bank with user-friendly digital banking platforms for convenience.

Choose a checking account wisely by prioritizing essential features over unnecessary perks to enhance your financial management and minimize costs.