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What is it called when you draw too much money from a checking account and it's automatically transferred from savings?
Wiki User
∙ 11y ago
bank BNI?
Wiki User
∙ 11y ago
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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.
In the ePay function how can you split a payment between your savings account and your checking account?
In the ePay function, how can you split a payment between your savings account and your checking account
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
What kind of saving accounts does ING Direct provide?
ING Direct is an online savings account. It is linked with your regular checking account so that money can be transferred back and forth between the accounts.
Why is a savings account better than a 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.
How can a savings account help in money saving?
A savings account is a very good account to open up if an individual would like to start saving money. It allows extra saved money to be transferred from the checking account to the savings account.
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.
How can you split a payment between your savings account and your checking account In the ePay function?
In the ePay function, how can you split a payment between your savings account and your checking account
In the ePay function how can you split a payment between your savings account and your checking account?
In the ePay function, how can you split a payment between your savings account and your checking account
Is it wise to combine my checking and savings account, and why?
It wouldnt be wise to combine unless you are putting money from checking into your savings. A savings account is a little more protected and shouldn't be used as a checking.
What's one difference between a checking account and a savings account?
savings account earns interest.
What makes a savings than a checking account account a better investment?
A savings account earns interest.
What are the various types of bank accounts?
* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits
Why is a checking account more convenient is savings account?
It's easier to spend the money in a checking account.
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.
How can one save money in an organized and fashionable way?
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
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.
