Question

what advice would you offer to someone who is considering opening a checking account? what fees and criteria should they pay attention to? why?

Answer 1

The advice that would be offered to someone who is considering opening a checking account including:

• The person should know the minimum account that will be in the account.
• The person should know the monthly charges that'll be on the account.
• The person should also ask about any other potential charges on the account.

The fees and the criteria that should be paid attention to include monthly service fee, ATM fee, paper statement fee, etc.

A checking account simply means a form of a bank account where an individual can easily deposit and also withdraw money.

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