GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Focused young lady check card account balance at phone app stock photo

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you could read more about oureditorial guidelinesand our products and servicesreview methodology.

More specifically, how to know when you might want to close it.

facebook sharing button

Here are seven common reasons you might considerclosing your checking account.

High Fees

Some banks charge a ton of money just for having an account, Rachael said.

you’re free to find places with free checking accounts pretty easily.

twitter sharing button

Literally 70% of my job is to be nice to customers, Rachael said.

If your bank teller cant manage that, definitely look around.

Inconvenient ATM and Branch Locations

Banking should be easy, Rachael said.

linkedin sharing button

If there arent ATMs or branches near you, consider switching to a bank with more convenient locations.

Before you decide on a bank for a new checking account, see whats convenient to your location.

Its important to have easy access to your account.

email sharing button

Low Interest Rates

While most checking accounts dont earn much interest, some do, Rachael explained.

Shopping around can seriously save you, so put some time into it, she said.

Outdated Online and Mobile Banking

I worked in a bank with theworstapp ever, Rachael said.

And it was horrible for everyone involved!

In todays online world, good mobile banking is incredibly important.

This … goes back to the earlier point about inconvenient branch locations, Rachael said.

This is probably the biggest one your moneys security shouldalwaysbe a top priority, Rachael said.

Before closing your account, remember to do these things.

More From GOBankingRates

Share This Article:

The Latest inBanking