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A savings account may pay higher interest rate than a checking account. Also, you don't have bounced checks, and NSF fees, normally.

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โˆ™ 2011-04-07 04:01:24
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Q: Why is a savings account better than a checking account?
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Related questions

Why is a checking account better than a savings account?

cause checking account is more safe


What makes a checking account useful compared to an ordinary savings account?

Well first of all a checking account is much better than a savings account and that is how it is better


What makes a savings than a checking account account a better investment?

A savings account earns interest.


What makes a savings account a better investment than a checking account?

A savings account earns interest.


Why does a savings account make a better investment than a checking account?

Savings accounts earn interest.


What makes a saving account a better investment than checking account?

A savings account earns interest.


Why does a savings account make a better investment than a checking accounts?

Savings accounts earn interest.


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.


Why does saving accounts make a better investment than a checking account?

Savings accounts earn interest.


Why does a savings account make a better investment than a checking count?

Savings accounts usually have higher interest earning rates as the money is more stable than a checking account whose balance fluctuates with income and expenses.


Which has a higher interest rate checking or saving?

Savings account has a higher interest rate than a checking account


How much better is a savings account than a checking account?

This depends entirely on what it is that you want the account for. If you're trying to gain interest on your money, probably a savings account is better, but by how much depends on the bank and the rates they are giving you. If you mainly want an easy way to store and spend money, a checking account is probably the way to go.

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