checking account is a type of deposit account that enables you to deposit and withdraw available funds on demand, typically by writing a check or using a debit card. Checking accounts are sometimes interest-bearing.

This may include depositing a check you receive, taking out cash with your debit card or setting up direct deposit for your paychecks.

Some of the different types of checking accounts are regular (basic) checking accounts, premium checking accounts, student checking accounts, senior checking accounts, interest-bearing accounts, business checking accounts, and rewards checking accounts.