Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Premium checking'
This type of account is offered when there are multiple services being utilized at the financial institution. Typically, this account is in place when there is a savings account, mortgage, CD's, etc., held in addition to the checking account at that institution. Premium accounts entitle the holder to services where certain fees are waived.