Banks are an essential part of a successful financial plan. Having a bank account is not only convenient for paying bills and managing funds, but it also offers a variety of other benefits. Here are some of the positive benefits of having a bank account.

1. Convenience : With a bank account, you can make transactions and deposits without having to go to the bank in person. This simplifies the process of managing your money and saves you time which can be put to better use.

2. Interest : When you deposit money into a bank account, you will often receive interest on the sum you deposited. This means that your money is working for you - when you make deposits, and you're earning more money for doing little or nothing.

3. Security : You don't have to worry about losing your cash if you have a bank account as the bank is responsible for the security of the money. Banks also provide other security measures such as automatic transfers and account alerts that make it easy to monitor and protect your funds.

4. Discipline : Having a bank account means that you have a specific place to store your money and it’s a great way to develop your financial discipline. Many banks offer online banking features where you can set up automated payments and keep track of your spending.

5. Credit : Having a bank account will help to build your credit score and make you eligible for future financial products such as loans and mortgages. This can be especially beneficial if you’re looking to start building a credit history.

These are just a few of the positive benefits of having a bank account. There are other benefits such as ease of use, increased mobility, and protection against theft and fraud. With access to more funds and financial services, setting up a bank account could be a great way to manage your finances.