All of the following are reasons to open a checking account EXCEPT…
a. Making it easier to pay bills
b. The ability to make purchases with a debit card
c. Access to cash at an ATM
d. Earn interest on your deposits
All of the following are reasons to open a checking account EXCEPT
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The correct answer is d. Earn interest on your deposits.
A checking account is primarily designed for everyday transactions like paying bills, making purchases with a debit card, and accessing cash at ATMs. While some checking accounts may offer minimal interest, earning interest is not a primary function or benefit of a checking account compared to savings accounts, which are specifically designed for that purpose.