Share your insights or perspective on the financial matter presented in the input.

How safe is a checking account?
While Rocky's answer is correct in the big picture there is another factor here to keep in mind: The disruption while you're waiting to resolve it. If a fraudster gets your card and drains your account you'll get your money back--but there will be a period while they are investigating that it won't be available. For this reason I avoid debit card transactions and only use credit cards.  If the fraudster gets your credit card you might lose access while they investigate but you don't lose access to your bank account.