Checking account A checking account is a deposit account opened at a bank that allows numerous withdrawals and unlimited deposits. Checking accounts are the most liquid accounts and can be easily accessed at any time using ATMs, cheques, online banking and credit or debit cards. Because of these characteristics, checking accounts are also known as demand or transaction accounts. Different types of checking accounts have been designed to meet the requirements of users, including student accounts, business accounts and joint accounts for households. Checking accounts generally do not offer any interest due to their liquidity. https://www.confiduss.com/en/banks/account/checking/