What type of bank account that you can write checks and use a debit card?

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07-12-2022
Business

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What type of bank account that you can write checks and use a debit card?

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jaiswaljyoti jaiswaljyoti · Answer 1 · 2022-12-10T01:34:02-05:00

Checking Account allows you to write checks and use a debit card.

A checking account makes it simple to access your money for daily transactions while also keeping it safe. Typically, customers can pay their bills or make purchases using a debit card or a check. Different methods may be available for accounts to help avoid the monthly service charge.

A checking account's main function is to store your money in a safe location for a brief period of time, making it accessible when you need it to cover bills and other costs. You can direct deposit your paycheck into your checking account and then transfer some of your take-home pay to a savings or investing account where it can compound over time.

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