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If you have 2 checking accounts at the same bank and one is closed for INF and sent to collections can they take money from second account if I continue to use it?
Wiki User
∙ 15y ago
Yes, they can. And they most likely will at some point.
Wiki User
∙ 15y ago
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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.
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 is free checking accounts?
My saving account
Does Midfirst Bank offer personal checking accounts?
"Midfirst Bank offers personal, business, and commercial services. Personal checking accounts are offered through the banks services, and a variety of checking accounts are available. For example, the bank offers a traditional checking account, a paperless online checking account, and a checking account geared toward students. Some checking accounts have a fee, while others are free of charge."
What is mma checking?
Money market accounts (MMAs) are a form of savings account that resemble checking accounts in several ways.
What is the purpose of high interest checking?
"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."
How is a checking account different than a saving account?
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
Numbers are in a wachovia checking account number?
Thirteen for most of Wachovia 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.
Should interst earned on a checking account be added to the checking account balance?
There is a way to earn interest on a checking accounts and can be added to the account. You will have to back through a credit union.
Are Chase Checking accounts free to open?
Chase Banks offer two types of checking accounts. They offer a free checking account with no minimum balance with direct deposit and an interest checking account with a $5000 minimum balance and direct deposit.
