Which of the following is NOT typically a function of a checking account?

A checking account primarily serves as a transactional account where individuals can easily manage their day-to-day financial activities. Its core functions include facilitating daily transactions, allowing for writing checks, and enabling purchases through a debit card. These functions are designed to provide convenience and accessibility for routine spending.

In contrast, earning interest on deposits is not a typical function of a checking account. Most checking accounts do not offer significant interest rates, as they are meant for liquidity and frequent access to funds rather than as a means of growing savings through interest accrual. Generally, accounts specifically designed for saving, such as savings accounts or money market accounts, offer the ability to earn interest on deposited funds. Thus, while checking accounts are vital for everyday financial management, their nature is not focused on earning interest.