Most people have multiple savings and/or checking accounts in banks which enables them to conduct all sorts of financial transactions with ease. When it comes to our daily life, this type of account is one we use quite often. It can be for massive cash withdrawals pertaining to business matters or even an everyday bill payment. To ensure you are getting the most out of this type of account, there are basic tips for optimizing a checking account that you can take into consideration. These are as follows:

• Consider setting up a direct deposit
  A very common service, a direct deposit is basically the process where you can transfer money from one account to another by just feeding in the details. In fact, your employer is in all likelihood already doing it and the salary that gets credited to your account month on month is because of this setup. So, in order to make your regular payments easy (transfers to spouse, families, friends) set up direct deposits making your transfers simple.
• Do not underestimate online banking
  Mobile banking and online banking comes with a suite of features to make your banking experience convenient and easy. You can do simple things to manage your account including balance checks, view statements, pay bills, and set up alerts. On the other hand, you can also go for features like simple transfers and budgeting.
• Use your debit card to the fullest
  One of the best tips for optimizing a checking account is by using a debit card. With a debit card in hand, your access to your account becomes really convenient. The debit card can be used at many locations globally and is an ideal way to withdraw your money at ATMs too. You can use this card to transfer money between accounts and for many purchases online as well as at brick and mortar stores.
• Learn about better management of overdraft fees
  Did you know that you will get charged with an overdraft fee if you end up spending more than what you have in the account? The best way to ensure that you do not incur these fees is by keeping an eye on your account balance. You can also set up alerts to stay updated with how much money you have in your account. Ask your bank if they have a feature known as overdraft protection. This way, you can link another eligible checking account covering you in case an overdraft occurs. However, all these plans come with additional fees, so ensure that you are aware of all the details before you sign up.
• Keep moving money between accounts
  It is relatively easy to make transfers between your accounts if you have a saving and checking account in the same place. You can easily link the accounts, but it’s not necessary that you do. If you know the amount of money you have in your checking account, then you can set up an automatic transfer to another savings accounts. Automating this particular process can be an effortless way to build up savings.

One of the most important tips for optimizing a checking account entails knowing the proper security features that your bank has to offer. Once you are aware of the security measures, you would be able to get better returns on your account.