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What else can I help you with?
If a leander can debit from a savings account can a person use there savings?
i think it should be consiterd
What does a CD savings account do for me?
A CD savings account might earn money for you. This type of savings account earns interest for the person who purchases the CD.
What are the current savings account rates for Wachovia?
The current savings account rates for Wachovia might change from time to time and may be different from person to person. However that savings account rate can be as high as 3.00%
At what age should a person consider opening a banking account?
You should open a savings account for your child the same day you receive their social security card. You should open a checking account on your 18th birthday.
How much does average person have in savings account?
£26,680
How does a person go about setting up a savings account?
To set up a savings account a person needs to decide what bank they want to have the account set up at. Once the person knows which bank they want to use they must then go to that bank.
How can a person set up an online savings account?
Many banks have tools on their websites to assist a person with setting up an online savings account. It is necessary to have an account already established with the bank in question, however.
How much money does the average person have in their savings account?
$1200.00
Finding the Best Bank Rate?
When a person chooses to open up a savings account, this is one of the best choices he or she is making. A savings account allows a person to earn interest on the money he or she saves every month. A savings account can truly be the best way that a person saves money rather than spends it on shopping, food, or other unnecessary expenses in life. Before opening up just any savings account, however, a person should seek to find the best bank rate possible. This article will discuss how and why a person should find the best bank rate possible. First off, a person should seek to compare bank rates online when searching for a savings account to open. An online comparison only takes a couple of minutes, and saves so much time from physically going to each bank to inquire about rates on savings accounts. By using an online comparison tool, a person can compare the rates of hundreds of savings accounts at one time. A person will be able to see which savings accounts offer the truly best interest rates and any other promotions that bank is offering at the time. A bank may be offering other promotions, such as a hundred dollars to simply open up a savings account. A hundred dollars is a great benefit that any person should look for when opening up a bank account. A person should seek to find a bank account that offers a bank rate of about 4%. Right now, many savings accounts offer rates much lower than this, which is a tragedy since it means that a person is losing out on funds. By opening up a person with the maximum interest rate, he or she will be able to earn the greatest amount of money possible on a bank account. Opening up an account with a 4% rate allows a person to earn as much as $40 in a year, if he or she has $1,000 invested into such an account. This is truly the wisest choice a person can make when opening up a bank account. Overall, these are the best reasons to find the best bank rate.
What does savings account mean?
Generally a savings account pays interest, and a checking (current) account doesn't. Also, a savings account cannot be overdrawn, but with permission, it is possible to overdraw a checking (current) account. The previous person is correct, a savings account simply lets you save your money and make a little bit at the same time. With a savings account it is a little harder to spend it since they are not typically tied to a checkbook.
What is considered to be a high interest savings account rate?
High interest savings account rates vary, depending upon the bank a person selects. A higher interest savings account rate could be anywhere from 0.75% to 1.00%.
Sending a child to college through savings?
There are a number of ways a person can save for their child to go to college. Simply opening a high interest savings account and putting away a small amount each week or month from when the child is young. College funds can also be set up with major banks such as Bank of America.
