Having a checking account also makes it easier to track your spending since you can view your account balance and all of your transactions and debit card purchases online or on your monthly statement. It’s also safer to carry around a debit card instead of cash - if the former gets stolen, you can immediately shut down the card to prevent further losses. Checking accounts make it easy to handle your personal finances, including check deposits, bill payments and making online purchases. Whether you’re just starting college or have been hitting the books for a few years, if you don’t have a checking account, it’s a good idea to set one up.
