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What is an advantage of a saving account over a cheking account?
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Answered 2013-11-23 05:48:00
One advantage that I can think of is the fact that Savings Accounts usually offer an interest on the money held in the account whereas Checking accounts offer very little or on most cases zero interest on the money held in the account.
On the flip side, there are limitations on the number of transactions you can make on your account in case of Savings accounts whereas there are no such limitations for a checking account.
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