When you’re trying to save money, a checking account is something of a saving grace. It’s a place where you can store your hard-earned cash, keep track of your spending habits and make sure no one steals your money.When looking for the best bank for low-income earners, unfortunately, not all banks are created equal. Some charge high fees for basic services like ATM withdrawals or printing out checks, while others offer things like a cashback debit account and no out-of-network ATM fees.