The specific options for each of these accounts varies from bank to bank. A checking account allows you a quick and conveniant access to your money. Some checking accounts pay interest others do not. This card is extremely helpful, specially in the first months, when you might not have a credit card. It is a called a debit card or check card because when used, it instantly withdraws money from your bank, unlike credit card, where you can accumulate credit.
Banks charge a monthly fee for the maintainance of the account.
You may also be charged excess fee if your minimum balance drops below a certain amount during a particular day in a month. Checking accounts that pay interest may charge higher fees than do regular checking accounts, so you could end up paying more in fees than you earn in interest. You can use unlimited checks in checking account. Here you do not have the flexibility of unlimited checks. You can make withdrawals but the number of withdrawals or transfers you can make on the account each month is limited.