Let’s get your financial account in check! Are you aware of the abundance of advantages of utilizing a checking account? Sit tight as we walk you through the several advantages of a checking account and how simple it is to get started.
The Advantages of a Personal Checking Account
A checking account is an essential financial tool that offers convenience, safety, and flexibility in managing your money. Check out the prominent advantages and benefits of a checking account below:
1. Checking Accounts are convenient and safe.
- Personal checking accounts offer you a safe and convenient way to manage your money. Personal checking accounts allow you to save as well as simply access your funds through a debit card or a check.
- When your money is in a personal checking account you can have peace of mind it is protected as they are insured by the FDIC.
2. Checking Accounts offer easy access to your funds.
- Checking accounts offer convenience when accessing your funds. Whether you utilize a debit card or check, or withdraw cash from an ATM, checking accounts make it simple to conveniently make purchases when you’d like.
3. Checking Accounts provide payment options.
- Checking accounts provide a variety of payment options, including online bill payment, automatic transfers, and direct deposit. This makes it easier to manage your bills and avoid late payments.
4. Checking Accounts help you budget your money.
- Checking accounts are a safe house for your income. Typically, being your go-to account for making a majority of your purchases, personal checking accounts can aid as a tool for managing and monitoring your money habits.
- Use your checking account for tracking your transactions to best stick to your budget. Transfer funds to your savings routinely to avoid overspending.
5. Checking Accounts earn interest.
- Checking accounts can help you make money just by housing your money in them. Many checking accounts offer interest on your balance. (Keep in mind this interest rate is lower than that of a savings account)
Benefits of Our Preferred Perks Checking
At American State Bank, we believe your checking account should do more for you. That’s why there are many exclusive perks included with our checking accounts, including the following:
- Local and national merchant discounts
- Free first initial order of checks
- Debit card usage campaigns*
- Free thank-you gift
- Discounted tickets to Adventureland
- Protection for lost or damaged cellphone
- Roadside assistance
- Accidental Death & Dismemberment insurance
- Free debit card replacement
- Personal identity theft protection
- Payment fraud resolution
- Health savings card
A checking account is an essential financial tool that offers convenience, safety, and flexibility in managing your money. If you’d like to learn more about how Preferred Perks checking could be the right account for you, please contact ASB. Our personal banking team is ready to help you get started.
June 13, 2023 by American State Bank