Which of these is an advantage of checking accounts? Checking accounts prevent the customer from having overdraft fees. Checking accounts allow convenient ways to deposit or withdraw funds. Checking accounts are processed immediately so customer and bank records always match. Checking accounts offer limited checks but offer higher rates of interest.

The correct advantage of checking accounts from the options provided is: **Checking accounts allow convenient ways to deposit or withdraw funds.** Here's a brief explanation of why this is the correct choice: 1. **Convenience of Transactions**: Checking accounts are designed for everyday transactions, allowing customers to easily deposit and withdraw funds through various methods such as ATMs, online banking, and in-person at bank branches. The other options are not accurate advantages of checking accounts: - **Preventing overdraft fees**: While some checking accounts may offer overdraft protection, this is not a universal feature, and customers can still incur overdraft fees if they spend more than their account balance. - **Immediate processing**: While many transactions are processed quickly, there can be delays, and records may not always match immediately due to pending transactions. - **Limited checks and higher interest rates**: Checking accounts typically do not offer higher interest rates compared to savings accounts, and they usually allow unlimited check writing rather than limited checks.