A checking account is an account held at a bank or credit union from which checks can be written against the principal. A checking account typically pays a lower interest rate than any other type of cash account, and may even charge fees.
Related Fool Articles
Recent Mentions on Fool.com
- The Average American Retires at This Age
- How to Check Your Federal IRS Tax Refund Status
- 4 Uncommon Tax Deductions You May Be Overlooking
- If Your 401(k) Plan Is Doing This, You?re in Trouble
- Marvel vs. DC: Can You Guess Which Is the Better Business?
- Why Millions of Obamacare Enrollees Are Cutting the IRS a Check This Year