English
Answer:

Access to ATMs

Are All Checking Accounts Created Equal?

Byte Author Uploaded Image

Choose a bank that offers:

  • No monthly fees

  • Low or no overdraft fees

  • Convenient ATM access

Byte Author Uploaded Image

Did you know?

All banks require a minimum amount to open an account (usually around $25), but some banks require a minimum ongoing balance as well. Make sure you can meet a bank's requirements before opening an account!

Get Started!

Have these items ready:

Byte Author Uploaded Image

  • Basic Personal Information (name, address, social security number)

  • 1 -2 forms of government-issued identification (driver's license, passport, etc.)

  • Money for your first deposit

Quiz

Carlos needs help! He is 18 and wants to open a checking account, but does not know where to begin. What is the best advice to give him?

Answer:

Research

Did you know?

Many banks will allow you to open a checking account completely online!

Take Action

What are you waiting for?

Byte Author Uploaded Image

License:

Are you ready to take the first step in your financial journey?

Maybe you landed your first job...

Byte Author Uploaded Image

Or, maybe you are off to college and are ready to live on your own.

Either way, it is time to get control of your finances and open a checking account!

Your Financial Future Starts Here!

Byte Author Uploaded Image

A checking account protects your money and allows you to:

  • Make Purchases (by using a debit card or writing a check)

  • Pay Bills (make one time payments or set up recurring drafts)

  • Direct Deposit (your employer will electronically submit your paychecks)

  • Get Cash (access your money through ATMs)

Quiz

Which feature of a checking account will NOT give you the freedom from carrying cash?

Are All Checking Accounts Created Equal?

Byte Author Uploaded Image

Choose a bank that offers:

  • No monthly fees

  • Low or no overdraft fees

  • Convenient ATM access

Byte Author Uploaded Image

Did you know?

All banks require a minimum amount to open an account (usually around $25), but some banks require a minimum ongoing balance as well. Make sure you can meet a bank's requirements before opening an account!

Get Started!

Have these items ready:

Byte Author Uploaded Image

  • Basic Personal Information (name, address, social security number)

  • 1 -2 forms of government-issued identification (driver's license, passport, etc.)

  • Money for your first deposit

Quiz

Carlos needs help! He is 18 and wants to open a checking account, but does not know where to begin. What is the best advice to give him?

Did you know?

Many banks will allow you to open a checking account completely online!

Subscribe for more quick bites of learning delivered to your inbox.

Unsubscribe anytime. No spam. 🙂

Take Action

What are you waiting for?

Byte Author Uploaded Image

License:

Your feedback matters to us.

This Byte helped me better understand the topic.

New Bytes

We publish fresh Bytes daily, we can send you a notification when that happens.

Are All Checking Accounts Created Equal?

Byte Author Uploaded Image

Choose a bank that offers:

  • No monthly fees

  • Low or no overdraft fees

  • Convenient ATM access

Byte Author Uploaded Image

Did you know?

All banks require a minimum amount to open an account (usually around $25), but some banks require a minimum ongoing balance as well. Make sure you can meet a bank's requirements before opening an account!

Get Started!

Have these items ready:

Byte Author Uploaded Image

  • Basic Personal Information (name, address, social security number)

  • 1 -2 forms of government-issued identification (driver's license, passport, etc.)

  • Money for your first deposit

Quiz

Carlos needs help! He is 18 and wants to open a checking account, but does not know where to begin. What is the best advice to give him?

Answer:

Research

Did you know?

Many banks will allow you to open a checking account completely online!

Take Action

What are you waiting for?

Byte Author Uploaded Image

Rumie logo

This logo isn't an ad or affiliate link. It's an organization that shares in our mission, and empowered the authors to share their insights in Byte form.
Rumie vets Bytes for compliance with our
Standards. The organization is responsible for the completeness and reliability of the content.
Learn more about how Rumie works with partners.

License:

Recommended Bytes