Who Actually Offers Free Bank Checking Account Openings?

Many banks claim to offer a free bank checking account, but how do you tell if these banks are actually offering free bank checking account openings? Here is some information that will steer you in the right direction.

Banks

Most mainstream banks are going to claim to want to offer you a free bank checking account, but in the end what they are going to be offering you is hidden fees and other agendas that you are unaware of. The bank account opening may be free, but then they will require a minimum deposit or an opening fee that comes around later when you least expect it. Not all banks are going to have a profit-hungry agenda, but the largest scale banks tend to, and should be avoided.

Credit Unions

Credit unions, in almost all cases, are the better option to choose when it comes to free bank checking account. Because they are smaller and less profit oriented, they do not typically charge exorbitant fees for things like opening a bank account. If you are looking to open a free banking account, check out your local credit unions first.

Who Actually Offers Free Bank Checking Account Openings?

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