Monday, December 05, 2005

More on Checking Accounts

Another article here from Bankrate.com that compares checking accounts across banks. The nice thing with the MMAs I talked about in the last post is that you can often link these to your checking account, so you can move money from the MMA into your checking account, often by visiting the website and clicking your mouse a few times.

The article comes up with some astonishing facts given the previous post: the average amount to open a checking account is $445.54 and the average minimum balance for an account is $2,296.

I understand that you may have grown attached to your bank, but some of these requirements are downright ridiculous. Take control of your money and find the best deal.

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