A transaction account is a bank account that provides individuals with immediate access to money. Transaction accounts have full liquidity to pay bills and make everyday purchases. A common type of ...

Lara Vukelich is a freelance writer based in San Diego. Her work has been featured on Bankrate, TV Guide, Huffington Post and more. Lauren Graves is an educator-turned-editor specializing in personal ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing. Ben ...