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Question
question 10 of 10 which is not a benefit of a checking account? it is usually connected to a debit card. it offers a card to withdraw cash from an atm. you can write checks from it to pay for things. it offers very little or no earned interest.
Brief Explanations
To determine which is not a benefit of a checking account, we analyze each option:
- Connecting to a debit card (first option) is a benefit as it enables easy transactions.
- Having a card for ATM cash withdrawal (second option) is a benefit for accessing funds.
- Writing checks to pay for things (third option) is a key benefit of checking accounts.
- Offering very little or no earned interest (fourth option) is a drawback, not a benefit, because savings accounts typically offer interest, and checking accounts are for transactional purposes with minimal to no interest.
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D. It offers very little or no earned interest.