What is a checking account

A checking account is a deposit account held at a financial institution that allows withdrawals and deposits. Also called demand accounts or transactional accounts, checking accounts are very liquid and can be accessed using checks, automated teller machines and electronic debits, among other methods.

A checking account is like a savings account but you in a checking you can take money out and on a savings it’s really hard to touch that money once it’s there. Most people including myself have checking accounts it’s for everyday use and instant transactions paying for goods/services