Although working with a checking account that doesn’t require a minimum deposit can be right in some situations, it is not suitable for everyone. If you have the cash on hand to make a minimum deposit, you should definitely explore your checking account options further.
You might decide that the cost of a minimum deposit is worth it to gain access to select features. For example, you might decide to put down a larger deposit with Radius Bank to use a checking account with cash back rewards and an attractive APY.