

But it's usually pretty easy to access your funds. They usually don’t earn interest, and some charge monthly maintenance fees if your balance is too low.

Traditional checking accounts are available through most banks and credit unions. Here’s a look at some of the most common types of checking accounts. and other countries.class="small-caption"> Apple, the Apple logo and Apple Pay are trademarks of Apple Inc., registered in the U.S. In addition, purchases made using third-party payment accounts (services such as Venmo® and PayPal™, who also provide P2P payments) may not be eligible for cash back rewards. Account owners also have access to their cash at more than 60,000 ATMs throughout the U.S.ĪTM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, Peer-to-Peer (P2P) payments (such as Apple Pay Cash), and loan payments or account funding made with your debit card are not eligible for cash back rewards. For example, Discover won't charge for monthly maintenance, online bill pay, a replacement debit card, outbound ACH fees, and a lot of other activities. This account also has a long list of fee-free services. Discover Cashback Debit earns 1% for debit card transactions, for up to $3,000 in spending every month.

It's common for credit cards to offer a cash back feature, not so much for traditional checking accounts.
