There is no one-size-fits-all minimum balance that everyone should keep in their checking accounts. “The actual minimum amount will vary depending on the individual’s financial situation and goals,” ...

Checking accounts keep cash easily accessible and are designed to cover short-term expenses, like rent and groceries. It's a common rule of thumb to keep one to two months' worth of expenses in a ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 SoFi ...