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Only as safe as you are. If you are careless, share your id and password with random strangers, dont have a good anti-virus, anti-malware software in your computer etc, then your savings account is easy pickings for hackers. If you are careful, not share your credentials with anyone, install good anti-virus, anti-malware in your computer etc, then your account is safe.
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∙ 12y ago
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Why open an savings account?
A savings account is a good place to keep money safe for future needs.
What are the uses of a savings account?
a savings account is were you put money for future use if need be and for safe keeping
How does a child savings account work?
A child savings account is a bank account that allows and teaches your child to save their money in a safe and responsible way, at a bank instead of somewhere at home where it can get lost.
You are looking for information on an old savings account and safe deposit box the last record you have is from a statement dated 123191 Where would you locate this information?
Contact the bank the savings account and safe deposit box were with. What bank do I contact and what is their address or phone number
Why is it important to find a safe bank to open a savings account?
Because, it is our hard earned money and if the bank fails or goes bankrupt, all the money we deposit with it is also gone. So it is always important to find a safe bank to open a savings account.
What are the benefits of getting a savings account?
The benefit of having a a savings account is that your money is safe and protected in a bank. Not only that but there is an interest rate which will add to you account generally at the end of every month. It also makes your money more easily accessed.
Is it safe to leave a lot of money in saving account?
Yes. It is perfectly safe to leave money in your savings account. The bank is liable to pay you every single penny that you hold in your account. Of course, savings accounts do not give you a good interest and hence if you wish to park your funds for a longer duration, you can opt for a Fixed Deposit.
Is making an iTunes account safe?
Apple works hard to keep iTunes safe. However there are hackers and phishers out there that will try to take over accounts. If you create a strong password and never share it with anyone, you are reasonably safe.
Can you change a savings account to joint account?
You may be able to add someone to your savings account ..contact the bank where you have the savings account for details
Is there a monthly service charge to have an Eggs Savings account?
No, the Egg savings account called "Egg Savings Account (internet) Issue 2" does not have a monthly service charge. This type of savings account is accessible online.
Is JP Morgan Chase Bank safe for your savings account?
Yes. JP Morgan Chase is very safe for your savings account. In fact, JPMC is the largest bank in USA in terms of Assets. It serves millions of customers across the United States and is considered to one of the largest in USA in terms of no. of customers as well. So, you need not worry about your account with JPMC.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
