Every bank offers a checking account solution, but have you ever wondered if there’s a difference from one checking account to another? The answer is a resounding yes, and it can have a bigger impact on everyday finances than you might think. Having a checking account is one of the most basic financial tools, yet they’re hardly a one-size-fits-all solution. 

Top Considerations When Choosing the Best Checking Account

Before you pick a checking account that can handle your everyday finances, consider your top priorities and what fits the best with your lifestyle and finances.

• Fees: Look for the monthly fee schedule (which should be clearly disclosed when opening the account) and review potential charges. Common fees include minimum balance, monthly fees, overdraft, and non-ATM network usage. 
• Accessibility and convenience: You’ll decide if you prefer in-person or online access exclusively, or a mixture of the two options. It’s critical you review the mobile app too, to make sure it offers the features you need when you’re on-the-go. Lastly, consider the ATM network and if the locations are convenient for you, otherwise you could face higher fees.
• Extra features: Additional perks may be important to you, such as interest-earning, budgeting tools, financial education, and rewards programs. Take a look at the extra features beyond the basics, which can add convenience and value to your checking.
• Customer service: Make sure the checking account comes with strong support features, such as in-person service or phone assistance. Consider what type of support is most meaningful to you on an ongoing basis.

No matter which checking account you choose, the key is selecting one most closely aligned to your financial needs and preferences.