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Yes they do.

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19y ago

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Does Second Chance Checking offer savings as well as checking accounts?

"As far as I can tell, second chance checking does not offer any savings accounts. They strictly provide checking accounts to individuals with less that perfect credit histories."


What banks offer a mortgage savings account?

Most large banks today offer mortgage savings accounts. HomeBuyer is one such bank. Other banks, such as Bank of America, Chase, and CitiBank offer mortgage savings accounts too.


Why does a savings account make a better investment than a checking accounts?

Savings accounts earn interest.


Are there more fees in a checking account compared to a savings account?

Most checking accounts have no fees. Savings account has more fees than checking accounts because of the higher interest yields available in a savings account.


What are the various types of bank accounts?

* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits


What are the disadvantages of using checking accounts?

Many checking accounts do not offer interest on the money in your savings account. This is a disadvantage because the money you put in a savings account will collect interest, where a checking account will not.


Why are saving accounts not subject to the fed reserve requirements?

savings accounts are not subject to the Fed's reserve requirements because savings accounts are not as liquid as checking accounts.


Which has a higher interest rate checking or saving?

Generally a savings account pays more interest, but there are some checking accounts that offer rates that are very competitive to savings accounts.


Why do companies offer easy access savings accounts?

Savings accounts for banking and financial companies are a cheap source of funds. Companies pay interest on Savings accounts at a lower rate compared to term deposits and hence is a cheap source funds.


What types of services do Loans Today provide?

Savings and loan associations (S&Ls) are one of four types of "banks" which offer a range of financial services, including checking accounts, savings, accounts, home mortgage loans, credit cards, and other consumer loans.


Can I open a savings account if I have a judgment against me?

Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.


What types of savings accounts does HSBC offer?

HSBC savings accounts are competitive with savings accounts at other banks. HSBC offers other services such as retirement planning, CDs, checking accounts and credit cards.