What are the things to consider in opening a checking account?

Every bank has it’s own features with regards to accounts; therefore it is important that you take note of such features. 

• Minimum Balance Requirement: Most of the time, banks differ with the maintaining balance that they require. Make sure to choose the amount that you can maintain every month. Going below the minimum balance will end up with you owing the bank instead. Keeping a good balance in your accounts will also help you gain a good credit score.
• Interest Rate: It is also relevant that you identify if your account will earn interest and if the bank requires a minimum balance to earn the interest. If the account will earn interest and you can reach the required minimum balance to earn it then much better for you. You are not only gaining easy access to your funds but also earning interest in the long run.
• Fees and Charges: Know what services are charged and how much you pay for them, that way you will be able to avoid unnecessary charges.