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A good reason to open a checking account is that

1 Answer

7 votes

There are many good reason and I am listing few.

Step-by-step explanation:

  • Pay bills online
  • Track the payment. When you pay someone, check provides a paper trail
  • This is better than paying by card since it avoids theft
  • It is better than even paying by cash because you are having a trail of it.
  • It is less expensive than money order
  • Serves as proof for filing taxes
  • You can even get debit card by opening a checking account
  • There are no transaction limits
  • Paying by check is safer than paying by cash
answered
User Arjun Sol
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