Gary Zimmerman, founder and CEO at MaxMyInterest, says picking the best checking account may come down to the fees, “For most people, the most important feature in a checking account is that it offers all the features they need (checking, ATM access, bill pay) with little expense. If your bank charges you a monthly maintenance fee, that’s a sign that they don’t want your business.”  Here’s a list of five other parameters you should consider before picking a checking account:
Insurance: Check if your account provider is insured under Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA).
Minimum balance requirements: Find out if you’ll have to keep a certain balance to avoid fees.
ATM network: See if your provider has a large network of free ATMs.
Interest and rewards: Some checking accounts yield interest and provide cashback on debit card spends.
Convenience: Federal Reserve’s Consumers and Mobile Financial Services Reporti reveals that over 71% of Americans use online banking, while 43% use mobile solutions. (If you’re one of them, you want to go for a provider with a mobile app and net banking features.)