Skip nav to main content.

Why better financial management begins with checking

Someone at ATM punching in pin code with wallet pictured.

A checking account is one of the most important types of financial accounts available. It’s an essential tool in building a budget and vital in setting you on the path to financial wellness. Most people use a checking account to deposit income, make everyday purchases, and pay bills. However, a checking account can also be vital in gleaning your spending habits, improving your credit score, and more.

Here are some of the many ways a checking account can help with financial management:

  1. Improve credit score. A well-balanced checking account is an essential asset for establishing a good credit score, and it’s also a vital asset if you’re looking to make big purchases such as buying a car or house.
  2. Create a budget. Checking account holders can use their account records to create a budget, better manage their expenses, and understand how much they’re spending.
  3. Pay bills. With a Credit Union of Southern California (CU SoCal) Checking Account you can set up automatic payments to pay utility bills and conduct day-to-day financial transactions.
  4. Earn rewards with your purchases. The CU SoCal Rewards Checking Account is even more beneficial as you can use it to earn cash back on debit card purchases.
  5. Quickly transfer funds between accounts. You may have one checking account designated for daily expenses, another checking account for bills, and a savings account dedicated to travel. You can easily transfer funds between all your CU SoCal Accounts using Online Banking.
  6. Easy access to your funds. Speaking of Online Banking, CU SoCal Checking Accounts come with easy 24/7 online access. Not to mention, you’ll have access to more than 30,000 surcharge-free ATMs. That means, whether you’re at home or on the go, odds are you’ll have access to your money.

Types of checking accounts

CU SoCal has two main checking account options: Classic Checking, which comes free with Membership, and Rewards Checking, which earns points on purchases. If you have no or minimal credit history and would like to establish credit, an Aspire Checking Account is also a great option.

Interested in opening a CU SoCal Checking Account? Apply online or at your nearest CU SoCal branch. You can also apply over the phone by calling 866.287.6225.