Which of the following is a typical feature of checking accounts?

A typical feature of checking accounts is that they provide access for daily expenses as needed. Checking accounts are designed primarily to facilitate everyday financial transactions, such as paying bills, making purchases, and withdrawing cash from ATMs. They allow for easy access to funds, and account holders can write checks or use debit cards linked to the account to make payments. This flexibility is one of the primary reasons individuals use checking accounts for their day-to-day financial needs.

In contrast, high interest rates are generally not associated with checking accounts; they typically offer lower interest rates compared to savings accounts. The ability to deposit funds is a fundamental feature of checking accounts, so that does not fit as a characteristic one would expect to be absent. While some checking accounts may offer no fees for transactions, many have associated costs, especially for overdrafts or maintaining the account under certain conditions, making this feature inconsistent across all accounts.