What is a common use for convenience checks?

Convenience checks are commonly used to access a line of credit or prepaid balance, making this the correct choice. These checks are typically linked to a credit account, allowing users to write a check for an amount up to their available credit. This feature provides flexibility in how individuals can utilize their credit, such as making purchases, paying bills, or withdrawing cash without the need for a physical debit or credit card.

The nature of convenience checks means they are practical tools for obtaining funds from credit lines without the limitations of traditional withdrawal methods. By providing the ability to access credit directly, they simplify transactions and enhance cash flow management.

In contrast, making direct utility payments is usually done electronically or via standard checks, and withdrawing cash from ATMs is typically limited to debit or credit cards. Furthermore, these checks do not contribute to earning interest on savings accounts, as they are not designed for depositing funds into interest-bearing accounts.