Although more than 7 million households in the U.S. have no bank account, most Americans have a checking account they use to pay bills, receive their paycheck and manage their basic finances.

Nearly everyone in America has a checking account — over 92% of households, to be exact, according to the Federal Reserve's 2022 Survey of Consumer Finances. But the small share who don't? About 8% of ...

Learn more The average checking account interest rate is 1.75 times higher than it was in 2022, according to October data from WalletHub. But that often doesn’t mean much: Checking accounts that ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you torn between a ...

Checking accounts keep cash easily accessible and are designed to cover short-term expenses, like rent and groceries. It's a common rule of thumb to keep one to two months' worth of expenses in a ...

Many Americans keep just a few hundred dollars in their checking account, making overdraft fees from mistimed payments a common concern. Financial planners generally recommend enough to cover a ...

Got more than a month's worth of expenses in your checking account? That extra cash could be doing a lot more. Here's where ...

Finding the sweet spot for your checking account balance is an important part of your financial well-being, particularly as you approach or enter retirement. While you need enough money to cover daily ...

Pennsylvania-based Horizon Federal Credit Union offers a checking account that earns an 8% annual percentage yield (APY) — a number boosting it past most high-yield savings accounts, let alone other ...