regular checking account

American  

noun

1. a checking account for which the monthly fee is usually based on the average balance maintained and the number of transactions recorded.

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Example Sentences

He had to transfer his retirement savings of five years into a regular checking account.

From The Guardian • Sep. 24, 2014

Consumers had to pay an average of 15% more a year, or a difference of $27.95, to maintain a regular checking account at a large bank instead of a small one, according to the U.S.

From Time Magazine Archive