Why You Need to Open a Checking Account
Opening a checking account is easier than one might think. Many people are worried about opening a checking account because they fear that they will not have enough money to sustain it or have formed a mistrust over banks over the years. However, there are many great reasons to open a checking account.
Protection
A bank will protect your money better than what you believe to be the safest spot in the house. When you store your money in your home or somewhere other than a bank, you are putting your money at risk for robberies and fires and other disasters that are beyond your control. Banks, however, are insured to protect its customers from losing their money should a robbery or fire happen. Many banks will offer protection on your account and alert you on a banking app if they suspect someone might be using your debit card. You can rest assured that your money is safe no matter what happens to the bank or to your card.
Convenience
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