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Checking Account |
Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson | 0.06 sec. |
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Checking Account A deposit account for funds intended for quick turnover. Checking accounts offer very low interest on unused cash balances. Notes: You're lucky if your checking account earns more than the rate of inflation! |
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? Mentioned in | ? References in periodicals archive | |
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In general, you should always keep enough in your checking account to cover at least three month's worth of expenses. While other checking accounts try to get by with less, a Washington Mutual Free Checking account is over the top. Consumers also may be able to establish an overdraft line of credit or link a checking account to a credit card. |
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