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To open a regular interest savings account one needs some proof of identity and small amount of money to deposit, usually as little as $1 to $25. Nearly all major banks offer savings accounts.

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Q: What is required to open an interest savings account?
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What are high interest savings?

They're accounts that yield higher rate than a regular savings account. There are some minimum requirements to open a high interest savings account, such as maintaining a balance and depositing a minimum amount to open the account.


How can one obtain the best interest on savings?

One might obtain the best interest on savings by looking at the different interest rates banks offer and opening a savings account with that bank. Another way to obtain the best interest on savings is to open a Tax Free Savings Account.


What is the minimum deposit to open a savings account with SunTrust?

The minimum deposit required in order to open a savings account with Sun Trust in one hundred dollars and with this you can start your own savings account with Sun Trust.


What is the minimum balance required for STI account?

For a savings account without a checkbook, Rs500 is the minimum balance required to open and maintain the account. For a savings account with a checkbook, the minimum balance doubles to Rs1,000.


How much money required to open a savings account in indusind bank?

100000


What are the interest rates on a savings account?

Savings account interest rates can vary depending on where you're banking. These can rand from 2 percent all the way down to .65 percent. This also depends on where you have your account and how long you've had it for or if you open an account up during these interest rate deals.


Where can I find instructions explaining how to open a savings account?

There are many places to open a savings account. One of the best places is Chase. It has great return on your money. It gives you a high interest throughout the years.


Are savings accounts available?

Yes Sure. Savings Accounts are available in almost all banks across the globe. All you need to open a savings account is an Identity Proof, Address Proof and money to save in your account. Any bank will gladly open a savings account for you as long as you have the mandatory documents required to open one.


My current account gives me interest on my savings and my Mom says that it's better off to open up a savings account Why?

If you want a higher rate of interest compared to what you get on your current account you will need to look for a savings account. If you are keeping a lot of money in your current account you may be missing out. Compare rates and see if there is an account that would suit you better.


How can you qualify for community savings?

It really depends on what type of account you wish to open at community savings bank. If you simply want to open a savings account, then you only need the minimum deposit of 10.00 to open it! If, however, you wanted to qualify for a checking account, you would need the $400.00 minimum balance required.


How much cash is required to open a savings account at American Savings Bank?

Opening a savings account through American Savings Bank will vary. All depended on if you'd like a Holiday Savings Account or just somewhere to stash some money. Some select accounts cost $100 to open and others might be free.


How much is required to open an orange savings account?

Orange savings discount, or ING are fee free, and you can start a savings account at any timewith no money down, which is why so many people go with ING