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
Savings account has a higher interest rate than a checking account
A savings account earns interest.
You can spend your money without having to withdraw cash first.
Savings accounts earn interest.
cause checking account is more safe
"A high interst checking account is a type of checking account that earns interest. Usually these accounts have higher interest than a regular checking account, but not as high as a savings account."
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.
A savings account may pay higher interest rate than a checking account. Also, you don't have bounced checks, and NSF fees, normally.
Well first of all a checking account is much better than a savings account and that is how it is better
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.
Yes, you can get a free online checking account if you deposit more than 1000 dollars
A savings account earns interest.