There are many people who do not realize how valuable checking accounts offered by banks are. While debit cards do make shopping easier than ever, there are certain times when you simply do not want to use your debit card because it is not safe. Before making any purchase, it is a good idea to consider the risks and if you should pay cash, debit, or with a check to ensure that you are making the smartest purchase possible.
The checking accounts offered at banks are ideal if you rent an apartment or house. When you write a check to the landlord, the check is sent back to you that you can use as a receipt to prove that you have paid your rent on time. If the landlord takes you to court and claims that you did not pay your rent on time, you will be able to show the judge the checks to verify that you did in fact pay on time.
If you pay bills through the mail, it is a good idea to use a check rather than cash because it is safer. If someone sees that there is cash in an envelope, they may be tempted to take the money out and then you will be late on your payment to the company. Sending a check ensures that no one else can use the check and that your payment is made on time.
You can use a check anywhere. There are some places that do not take cash or credit cards. Trying to determine if a store will take the specific cards, you have can be difficult and annoying. Using checks will allow you to quickly make your purchase and not worry about any hassles.
Using checks is much easier than it was years ago. Many registers will now fill out the check for you so that all you have to do is sign the check when it is done being printed. This will allow you to quickly write the check and have the confidence that you are making the safest purchase necessary. When a business automatically prints the check for you, they may take the money out of your account immediately.
It is important to make sure that you have the money in your account when you make the purchase. If you do not have the money in the account, the check will not go through. This can be an embarrassing situation that can be avoided by checking your balance before making a purchase. Many banks now offer apps for mobile phones that allow you to check your account quickly which will allow you to make informed decision when making a purchase in a store.