learn what other users had to say about

the Price of Checking Accounts

Price 
Location 
Submitted by  
Description
$ 12
Jun 2007
Phoenix, AZ
checking
Basic checking account with many limits  more... close row
$ 18
Feb 2008
Houston, TX
checking
Fee for one time services  more... close row
$ 0
Apr 2008
North Brunswick, NJ
checking
Great services from free checking account  more... close row
$ 0
Apr 2008
Boiling Springs, SC
regular checking
Bank with very helpful services  more... close row
$ 0
Sep 2007
Alameda, CA
checking
Direct Deposit Checking Account  more... close row
$ 0
Jan 2008
Canton, Michigan
Checking
New checking account with no minimum balance  more... close row
$ 0
Apr 2008
Fayetteville, NC
Checking
Another free checking account  more... close row
$ 0
Apr 2008
Kennebunk, ME
Checking with ATM
Basic checking account with ATM benefits  more... close row

Description of service

Basically, I've got a normal checking account at a local bank that is popular here in York County Maine. There is no monthly fee, no minimum balance, and any ATM fees I incur elsewhere are automatically refunded to my account. The only fee is if you want paper checks, which not everyone even uses now. The checking account doesn't bear interest.


Review of Service

I've had this account for over a year now, and I've never had to pay for anything for it at all. This includes two replacement ATM cards (that's right I lost it twice!), frequently carrying a low balance. I find that the local bank provides friendly service, and it's nice not to need an ID every time I make a withdrawal since everyone knows me. They've never charged me for their services. On one instance I had bounced a check by a small amount, and they were very nice about refunding the fee.


Tips

Check around when selecting a checking account. There's no reason to pay every month for something you can get for free. I'm no financier, but many banks seem to be willing to give these services away, so why not take advantage if you can? One thing to consider. If your local bank offers free checking, but does not refund ATM fees, you might end up paying more, especially if you travel. In a situation like that, it might make more sense to go with a bank that charges a small monthly fee but will refund your ATM fees.


$ 4
Jan 2008
Greenwood, IN
checking
Checking account with a credit union  more... close row
$ 0
Apr 2006
Tewksbury, MA
free interest checking
Free checking with interest  more... close row
$ 6
Mar 2008
Phoenix, AZ
checking
Basic checking account with increasing fees  more... close row
$ 0
Apr 2008
North Brunswick, NJ
Checking
Absolutely free of any charge checking account  more... close row