Opening a checking account is a great first step toward successfully managing your finances. And the best checking accounts help you do more with your money, providing a path toward achieving your dreams. Read on to find out how opening a Capital Cha Ching checking account can help you reach your financial goals.
What Is a Checking Account Used For?
Both checking and savings accounts are used to store your money and keep it secure. The difference is that a checking account is used for day-to-day transactions. They make it easy to pay all the expenses that arise in a given month, from regular bills to in-store and online purchases to unexpected costs.Reaching your financial goals isn’t just about saving. It also entails getting a full picture of your spending and managing your money accordingly. A Capital Credit Union Cha Ching Checking account can help you to do this.
How Can a Cha Ching Checking Account Help You Reach Financial Goals?
It’s important to have a checking account that suits your financial needs and goals. Here’s how the features of a Cha Ching Checking account can help with that:Monthly Statements
Receiving monthly statements from your checking account gives you a helpful breakdown of how much you save, what you spend, and how that fits within your income. Regularly looking at these statements allows you to track your progress toward the goals you have in mind.
For instance, you may not realize how much you pay for unnecessary expenses until you have these records right in front of you. Cutting back on those can help you save much faster. Even the smallest changes, like making coffee at home instead of buying fancy lattes, can really add up.
Security
Opening a Cha Ching Checking account provides extra security and peace of mind. It’s the best way to know your money is safe. The money in your Cha Ching account is also insured through the National Credit Union Administration (NCUA), so you can feel confident that your funds are safe.
Account Bonuses
Many checking accounts offer bonuses, and the Cha Ching Checking account goes the extra mile to help you achieve your goals. Account holders can earn a higher APY (annual percentage yield) just by meeting three monthly requirements:
- Sign up for and receive electronic statements
- Make one ACH deposit of $400 or more each month
- Complete 12 $5-plus debit card purchases per month
If you don’t meet all three requirements in one month, don’t worry. You get to try again next month and every month thereafter.
A Cha Ching Checking account can also help you keep more of what’s yours. There are no service fees and no minimum balance requirement. You also get nationwide ATM refunds and discounts on loan rates when you have an active account.
Overdraft Protection
Overdraft protection allows for certain financial transactions to go through even if you have insufficient funds. The extra funds come from an assigned backup account. You can also set up low-balance alerts to let you know when funds are getting short.
Digital Banking
Free digital banking makes it easy to manage your finances at your convenience. We understand that people’s lives are busier than ever these days, so stopping by a local branch might not always be an option. With digital banking, you can access your Capital Credit Union Cha Ching Checking account whenever and from wherever you wish. Check your balance, pay bills, and manage your eStatements right from your computer or mobile device.
Automated Payments and Transfers
Automated bill payments help you make sure you keep up good financial standing. These can be set up for different kinds of monthly expenses, including mortgage, utility, rent, insurance, or credit card payments. Automation means you don’t have to worry about forgetting to pay a bill on time. It takes away the risks of late fees and other financial penalties.
You can also set up automated, targeted transfers to specific accounts, making it easy to set aside a certain amount each month. This can be ideal for building an emergency fund or saving for a big expense.
Resources and Tools
Budgeting tools allow you to track your spending, set savings goals, and create a savings plan. These types of tools ensure you actually stick to a budget and a long-term plan. When you have a Cha Ching Checking account, these are usually available both online and through the mobile app.
How To Open a Capital Credit Union Cha Ching Checking Account
If a Cha Ching checking account is the right fit for you, it’s easy to open one. You only need $1 to meet the minimum deposit requirement, and you can complete the application online. You can join today and start reaping the benefits so you can get closer to reaching your financial goals.The Cha Ching account isn’t the only checking account option at Capital Credit Union. You can also choose from the MyMedia, MyMoney, and MyChoice accounts. Each of these has its own features, guidelines, rates, and fees, and each can help you reach your financial goals. Learn more about the different accounts and how they can help you by visiting our checking account page or scheduling an appointment with one of our helpful professionals.
Our website also offers information about how to join Capital Credit Union, financial education resources for members, and a look at the wide variety of financial services we offer. We stand out from other financial institutions in northeast Wisconsin thanks to our focus on promoting financial education and supporting our local communities. Open your Cha Ching Checking account today and start taking steps toward achieving your financial goals.
Capital Credit Union is federally insured by the NCUA.