you need a bank account in case you have a check to cash. I hate the idea of folks paying to get checks cashed.
I hated it in college when I was not saving any money and focusing on school that I had a bank account that the bank would charge me a few bucks each month to hav eopen b/c I didn't have the minimum required balance. Basically I got charged a few bucks each month for nothing. I did cash my pay checks at the bank and had no checking account then. At the time they all charged when I called aorund but this was about 8 years ago.
My banks are now fee free. They hold all personal checks I cash and I will get charged if they bounce but that is just the policy. You can't cash a personal check out of your bum . lol I sell my old stuff on e bay I no longer need. e bay doesn't let u take checks so I no longer have to cash checks.
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