Setting Up Bank Accounts

Lessons Covered

  • Bank Account Fees
  • Bank Account Types
  • Managing Your Money through Multiple Bank Account Types
  • What Is Overdraft Protection?
  • Alternate Forms of Payment

Learning about Bank Accounts

Opening a bank account is one of the first steps in learning how to manage money. However, with so many financial institutions to choose from, it can be hard to know which one is right for you. Our FinancialFit lessons offer a vast selection of personal banking tips, including helpful information on how to set up a bank account.

Choosing a Bank Account

FinancialFit teaches you how to pick the best bank account type to suit your financial goals. To help you make the right decision, we provide information on various money management options, including:

  • Savings Accounts
  • Checking Accounts
  • Money Market Accounts (MMAs)
  • Certificate of Deposit Accounts (CDs)

Tips for Opening a Bank Account

When you sign up with FinancialFit, you can also learn how to decide where to open your account. Our personal finance lessons will help you understand the difference between banks, credit unions, and alternative forms of payment like PayPal and Venmo. We'll even teach you how to compare each bank's interest rates, fees, overdraft policies, and other perks so you can make the best choice for you.