[vec]

I'm fairly financially stable but I generally only keep a few hundred dollars in my checking account at any given time. The rest goes into long term savings of one sort or another, and it's not necessarily easy to convert back to petty cash on short notice.

[2trill2spill]

Exactly, most of my extra money is automatically sent to my 401K and my brokerage account. I don't typically have much in my checking account and don't have a savings account because my bank offers a "whopping" 0.05% interest on my savings.

[perl4ever]

In my experience, landlords charge extra for paying my rent with a credit card, if that's even a possibility at all.

I think some of my utilities also have a surcharge if you use a credit card rather than a bank account. I do get cash back on my main credit card, but the surcharges are generally higher.

Savings accounts have a limit to how often you can withdraw, I think.