Checking accounts and finance

[Grace360]

Anyone in America have like checking accounts and stuff? Trying to gain my own independence and get one. I just literally don't know where to start. I would prefer no annual fee or a really low one. No or a very low minimum deposit. I have a job that gives me checks so idk. A low check cashing fee if it applies. I honestly would prefer brick and mortar locations but idk whatevers easier.

If I don't seem to know what I'm talking about, I don't. I'm 17. I know nothing about this stuff. I just know I need that and a savings account and a debit card. But starting with the account first.

 

[AriaRen]

The best thing to do would be to go into a physical location near you and let them know what you're after, bank staff are usually really helpful in explaining these things! They ashould also have resources they can point you to for young people to learn about managing their money/accounts, so you can learn some more. Just don't sign up straight away, just saying you're only looking for info at this stage, go into a few locations and see which ones you like the service in etc, then sign up with the best!

 

[bin_tenn]

Whether or not there are fees usually depends on a few factors like having a certain amount direct deposited each month. It does depend entirely on the bank though, and I agree with Aria about getting into a local bank and talking to them. I'm sure they'd be happy to explain to you how it works and how to avoid fees.

If you get direct deposit you wouldn't have to cash your check. Your employer would deposit your pay directly into the checking account each pay period. Then you can use your bank card to withdraw cash from an ATM, or go to the bank and make a withdrawal from your account. No check cashing fees that way.