Are you getting the best deal on a checking account?

Banks vying for customers are known to offer tempting rewards to open new checking accounts. Transferring a checking account can be a hassle, but it could be worth the trouble. If your bank isn’t offering the following benefits, you may want to consider a change:

• Interest-bearing: The rate varies, and some banks may require you to maintain your balance at a certain level in order to continue receiving status. Others will kick in the interest with at least one automatic deposit (your paycheck) per month.

• Free ATM service with other banks. This is an invaluable perk if you travel frequently.

• Online banking: Is it user friendly? Can you make balance transfers without incurring fees? How far does the account history reach?

• No monthly fees of any kind.

Look closely at what your current checking account offers and compare the details to current offers out there. Are you getting the best deal possible?

Recommended resource: Search for checking account rates