Checking accounts are the simplest type of bank accounts. Choosing the right checking account for your needs may get confusing. A few important points to select a checking account are as follows:

• Check charges
• Access to ATM network
• Wire transfer fees
• Requirements for minimum balance
• Least amount to open an account
• Initial high rates for a new account
• Bonus cash for account opening

You should watch out for the fees in the checking accounts. You cannot typically negotiate these fees. Banks make a good chunk of change from these fees. Few banks are up-front about these charges.

Many banks offer some promotions for their new customers. Banks have been offering bonuses ranging between $50-250 to new customers. Iphones are a popular giveaway for new customer.

The banking bonuses for existing customers are few and far between, because banks want fresh money to be added to their accounts. Your branch may know about these deals, so make sure you inquire about them during your visits.

These type of accounts are among the least risky, since they are covered under the FDIC insurance.

Some other interesting resources
How to choose the best checking accounts?
Checking accounts secrets revealed