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Checking Accounts are also called as Current Accounts. A checking account is one in which customers keep some money and use it for their day to day transactions. The money in this account does not earn any interest and is available for usage to the customer at all times.

So the interest you may earn is either less than 1% or even 0 in many cases.

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โˆ™ 2011-01-23 04:26:26
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Q: What is the current interst rate for a checking account?
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