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Both Checking Accounts and Savings Accounts are basic types of bank accounts provided by banks to their customers. The difference is:

a. There are limitations on the number of trasactions that can be performed in a savings account on a per month basis whereas for checking accounts there are no limitations

b. The interest rate offered by banks on savings account is much higher than what is offered on checking accounts because banks offer almost no interest in them

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โˆ™ 2013-11-23 06:18:15
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Q: How is a checking account different than a saving account?
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Which has a higher interest rate checking or saving?

Savings account has a higher interest rate than a checking account


What makes a saving account a better investment than checking account?

A savings account earns interest.


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Business checks are just what they sound like, a checking account that banks offer for companys or business, they may have different fees, features and benefits than a personal checking account.


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Well first of all a checking account is much better than a savings account and that is how it is better


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Can I get a free online checking account from Wachovia?

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