Money Talk Daily

Making use of bank checks or checking account requires writing a check, using the check register, making a deposit, and reconciling the account.

How to write an online check. Using check is an alternative of using cash for paying bills. But checks have to be ordered. It can be ordered through the net or by calling a nearby bank. If you choose the latter, some banks like Chevy Chase Bank may provide you with checks which have security features such as padlock icon, micro printing, security screen, and warning boxes at the front and back of checks. These features are designed to make order checks difficult to copy or alter, and they usually become manifest only when fraud is detected.

Using the check register. A responsible financial management needs good record keeping. Online banking allows you to use the net and check your transaction history and find out your current account. Once you are in the habit of tracking expenses, it should be a cinch to keep the checkbook balanced. This way, you can keep good records and you are sure to be on top of account balance. Online banking upholds transparency by registering any transaction such as deposits, ATM withdrawals, checks written, and check card purchases. It also fills out the check register before you even write the check and records any automatic payment.

Making a deposit. When you deposit, you will need deposit slip which is readily available inside a branch bank and can be purchased together with ordered checks. You need to indorse personal checks which are included in the deposit.  You may deposit the prepared deposit at the nearby local bank branch or the bank’s ATM. Clients with jobs usually have their checks deposited directly by their employers.

Reconciling account. If you order checks in Chevy Chase bank, you will be given options on statement style and delivery method you want best. You can choose by clicking on e-Statements and Statement Select.  

e-Statements- gives you the ability to view statement online. Statement Select- Chevy Chase Bank lets you choose to customize your account statement. You can either see all transactions chronologically, transactions by category or a big picture of all deposits and withdrawals. 

Lastly Chevy Chase Bank has designer checks cards.  It looks like a credit card but is different in some ways. Check card purchases are automatically deducted from the checking account therefore it is not an extension of credit that you pay back later like a credit card. Check cards are also similar to credit card in a sense that they are used wherever and a good alternative to paying cash.