What banks still offer free checking accounts?
A checking account is one of the most essential tools in your financial arsenal (pun intended). You’ll likely have a direct deposit from your paycheck go into your checking account. You’ll use the debit card associated with it to make everyday purchases. You’ll even connect to your utilities, mortgage, rent, etc., to make bill payments.
So why is it so hard to find banks that offer free checking accounts? Many financial institutions charge you a monthly fee to access your money. Or they charge you this fee if you don’t keep enough in your account, set up direct deposit or make enough transactions using your debit card.
Is there a free checking account solution available? Of course there is. Keep reading to find out how you can access your money without the fees.
Quick links:
Free checking with limited branch access
Do a quick Google search for “free checking accounts.” Most of the free accounts you’ll find are offered by online-only banks and financial tech (FinTech) businesses.
While these are nice, what happens if you need to talk to someone about your account in person? You have no physical location to visit. If you try to reach customer service, you’ll probably be on hold on the phone with an outsourced company or on chat with an AI bot.
If you experience fraud or need help immediately, you’re going to want to speak with someone ASAP.
Free checking with no monthly fees
You can open a free checking account with no monthly fees with us! Our Free Checking account is a no-strings-attached way to access your money and meet your basic financial needs like paying bills, using your debit card and withdrawing money from an ATM.
Need help with your account? You have access to the best of both worlds. Take care of everything you need online or in person. You have access to four area Arsenal Credit Union branches where you can find the help you need. You can also call, text or chat with a real Arsenal Credit Union representative during normal business hours.
Complete your everyday transactions anytime, anywhere with online + mobile banking tools designed to save you time and money. Deposit checks, set up automatic bill pay and transfer money on your watch.
Access to more free ATMs and branches
In addition to having local branches available, you also have access to a large network of free ATMs and shared branches across the country.
Using the CO-OP Network, you can withdraw money from designated ATMS with no fees. There are over 250 local credit union ATMs at your fingertips. Traveling? Use the CO-OP Network ATM locator to find one of 30,000 free ATMs across the country.
But that’s not all. If you need to deposit a check, withdraw cash or pay a bill in person, you can at a credit union shared branch.
Digital tools for financial growth
Debit cards that give you more access
A debit card is like the key you use to access your money. Are they all the same? Not really…
Different types of checking accounts
A free checking account is perfect for your basic, everyday transactions. But what if you’re looking for a little bit more?
You can earn interest on balances up to $15,000 with Premier Checking. Unlike other interest-bearing accounts, Premier Checking has fewer hoops to jump through. It’s like having the flexibility of a checking account while earning the level of interest of a CD.
