0
Most online savings account offer the option of transferring funds from their bank to another external bank in your name. This process takes about three days. You may also be given a debit card to withdraw funds at an ATM.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Where can money market savings accounts be found?
Money market savings accounts can be found on online investment sites. Money Market accounts are a type of investment with certain benefits over a savings account.
My savings account is not the traditional account with a bank book and all It's being accessed online Can I still withdraw money from such?
your savings account comes with a debit card, and you can use this card to withdraw money at an atm. Certain banks can still provide you with a bank book, but you'll still need a debit card to use the machines. If you have one of those online savings accounts, then you'll have to go online to transfer money over to another bank account that you have to take out money.
Which banks provide online bill pay for free?
Free online bill pay is typically associated with checking accounts, but some savings and money market accounts provide free online bill pay service, too. By law, savings and money market accounts restrict holders to six money transfers per month, though, so free online bill pay for savings and money market accounts is of limited utility. the bank of internet USA
How can you withdraw money out of a savings bond?
A savings bond is not a bank account, you can't just withdraw money from it. It has a maturity date. When the bond matures, you can cash it in. Until then you can't.
How are money market savings accounts different from regular savings accounts?
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
What are some of the benefits of an e savings account?
The benefits of an e-Savings accounts is the price to get access to it, which is only around $2. One can also access his/her e-Savings accounts online and is has no feeds attached to it to withdraw money.
Where can money market savings accounts be found?
Money market savings accounts can be found on online investment sites. Money Market accounts are a type of investment with certain benefits over a savings account.
What are some tools that I can use to compare savings account options?
Here's one place to compare: http://www.moneybluebook.com/the-best-online-high-yield-savings-accounts/ . PLEASE NOTE: the online accounts have very high yields, but come with some restrictions concerning when you can withdraw your money.
My savings account is not the traditional account with a bank book and all It's being accessed online Can I still withdraw money from such?
your savings account comes with a debit card, and you can use this card to withdraw money at an atm. Certain banks can still provide you with a bank book, but you'll still need a debit card to use the machines. If you have one of those online savings accounts, then you'll have to go online to transfer money over to another bank account that you have to take out money.
Which banks provide online bill pay for free?
Free online bill pay is typically associated with checking accounts, but some savings and money market accounts provide free online bill pay service, too. By law, savings and money market accounts restrict holders to six money transfers per month, though, so free online bill pay for savings and money market accounts is of limited utility. the bank of internet USA
Why is a CD better then a savings account?
Because they earn a higher interest rate than savings accounts. The interest on CD's is atleast 2-3% higher than savings accounts. On the downside, the money in your CD is not as liquid as your savings account and your bank may charge you a penalty if you withdraw the money before maturity date.
What does Capital One Savings provide?
Online savings account which has a great savings rate and free online transfers to and from accounts. You get rewarded for saving your money too; not just for spending. The money market rewards accounts gives you points for travel, cash, etc. High yield money market account - decent rate for online transfers, checks and ATM cards also.
What is debit accounts and credit accounts and difference between them?
Debit cards are check cards that withdraw money from your savings account. When using credit cards, you are borrowing money that you will pay back when the bill is sent to you, but also includes interest.
How can you withdraw money out of a savings bond?
A savings bond is not a bank account, you can't just withdraw money from it. It has a maturity date. When the bond matures, you can cash it in. Until then you can't.
How are money market savings accounts different from regular savings accounts?
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
What are the similarities between a current account and a savings account?
Similarities between current accounts and savings accounts would be: a. They both accept deposits b. You can withdraw money from both accounts c. You get an ATM card for both accounts d. You get a cheque book for both accounts e. You get a bank passbook for both accounts f. You get internet banking for both accounts The differences are: a. You get little or no interest in checking accounts whereas you get a small interest for savings accounts b. There are limitations about the number of transactions you can have in a savings account but there are no limits on the number of transactions for current accounts.
How are money market savings accounts different from traditional ones?
Money market accounts are typically tied to a stock that can rise in price. Regular savings accounts are not.
