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How to Get a Checking Account

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From Quick Guide: Personal Checking Guide

Summary: All banks offer checking accounts, and they usually require a minimum deposit to start a checking account. Interview several banks before deciding to open a checking account with advice from a registered financial consultant in this free video on money management.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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Video Transcript

"This is financial advisor, Patrick Munro, on how to get a checking account. A checking account is an important financial tool as you go through life, because you pay your bills more or less not in cash, but rather, writing a check is an easier way to go. Various banks offer, all banks offer checking accounts, and you need to go and check the bank out and interview them for your comfort level. Make sure the fees are not too high on a checking account. There are certain minimum deposit requirements that are needed in each financial institution, so do your homework and find a situation that's right for you. Once you do this and have your checking account make sure there's enough in there to make sure there's no bounced checks, because that will be a negative upon the financial institution that you're working with, on your credit bureau as well, and it will cause you fees. These fees are a drag on your financial well-being. The best rates on a checking account are also available on bankrate.com. You can go there and check those out at any time. This is Patrick Munro, talking about how to establish a checking account."

eHow Article: How to Get a Checking Account

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