You can also reconcile your checkbook with the statement, make balance inquiries over the phone, round off transactions to the next dollar and know your bank's check processing order. Your best choice is a truly 'free' checking account. More Safe deposit boxes Your home may be the worst place to store valuables in the event of a natural disaster. Most banks and credit unions offer safe deposit boxes for keeping valuable papers, such as birth certificates and property deeds, and jewelry and rare collectibles. More Avoid checking with the bigger banks Studies analyzing checking account fees, rates and policies find the nation's largest financial institutions offer the worst deals.
Savvy shoppers can find better accounts at smaller or online banks.
More Changing banks Give yourself at least one month to make the transition between banks. A rule of thumb is to open your new account before closing the old account. That way, the flow of checks, ATM withdrawals and other transactions will be seamless. More Student checking College students can find affordable checking accounts with perks like no minimum deposit or balance required to open or maintain an account, and no monthly service charges. Banks are tailoring checking accounts based on student feedback.