Here is a quick look at the common types of checking accounts.
Some basic accounts require direct deposit or a low minimum balance to avoid fees.
With some accounts, the higher your balance, the more interest you earn. Interest is paid monthly, at the conclusion of your statement cycle. An account owned by two or more people, usually sharing a household and expenses. Each co-owner has equal access to the account. Most types of accounts, whether it's basic checking, savings or money market, allow for joint use.