No-fee checking allows bank customers to maintain a checking account without paying any monthly bank fees, according to AdvisoryHQ. In addition to zero service fees, no-fee checking includes unlimited check writing.
No-fee checking is relatively uncommon at major U.S. banks, notes Bankrate. Only 11 percent of checking accounts at national banks have no-fee checking. Community banks and credit unions, on the other hand, are considerably more likely to offer no-fee checking. As of 2015, 72 percent of major U.S. credit unions offer free checking. One way to bypass monthly service fees at a national bank is to maintain a minimum account balance or fulfill other requirements, such as making regular direct deposits.