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Banking 101 Guide: Tips and Terms to Know Before Opening Your First Account

August 19, 2016

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It’s time to open a new bank account. Perhaps you’re getting your first job after years as a college student who didn’t have much use for a bank. Or perhaps your parents set up an account for you as a teen, and now it’s time to graduate to a grown-up bank account.

If you’re opening a bank account for the first time, you have a lot to learn. Banking has its own vocabulary, and you must learn the language. You also need to know how bank accounts work, and which type is right for you.

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