A checking account is for managing your day-to-day finances, such as paying bills, making debit card transactions and writing checks. A savings account is for storing funds for emergencies or ...

Banks and credit unions typically pay little to no interest for a checking account — among the ones that actually do, the average annual percentage yield is just 0.07%, according to the latest ...

While most Americans strive to fatten up their savings accounts, it can be difficult to discern how much of your cash belongs in a checking account. The dilemma: You want to have enough on hand to pay ...