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Savings accounts are bank accounts that accumulate interest. You make deposits and withdraws at your bank and unlike checking accounts you cannot link a debit card or checks to the account. Most banks allow you to transfer money from your savings to your checking account and vice versa if you have both.

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14y ago

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Do online savings accounts work as in bank savings accounts?

Yes, online savings accounts do work the same as brick and mortar banks. In fact you may find that some online banks pay higher interest rates and are more convient.


What kind of savings accounts does Birmingham Midshires offer?

Birmingham Midshires offers a few types of savings accounts. Some of those savings accounts include easy access savings accounts, fixed rate bonds accounts,and ISAs.


What are the diiferent accounts offered at Saga Savings?

Saga Savings offers savings and investment accounts such as cash savings accounts, ISAs and share dealing. It also has retirement accounts such as annuity service, equity release and care funding accounts.


What kinds of savings accounts are available to be opened at Capital Federal bank branches?

Capitol Federal Bank offers seven different options for savings accounts. These include Statement Savings, Money Market Select Accounts, CDs, Kid's Savings (Blue Bucks), Teen Savings Accounts (Blue Chips, Coverdell Education Savings Accounts, and the Better Savings savings account.


What are the top accounts of Cahoot Savings?

The Cahoot Savings bank does not do savings accounts anymore. You can choose from many other banks and institutions that offer a great select of savings accounts.


Does Wells Fargo of Texas offer business savings accounts?

Wells Fargo of Texas offers several types of business savings accounts. These include Business Market Rate Savings Accounts and Business High Yield Savings Accounts.


What types of savings accounts does HSBC offer?

HSBC savings accounts are competitive with savings accounts at other banks. HSBC offers other services such as retirement planning, CDs, checking accounts and credit cards.


Why are saving accounts not subject to the fed reserve requirements?

savings accounts are not subject to the Fed's reserve requirements because savings accounts are not as liquid as checking accounts.


What type of savings accounts does Pioneer Savings Bank offer?

"Pioneer Savings Bank offers two different kind of savings accounts. For buisness or personal. Personal saving accounts include, Statement Savings, where you can recieve an atm card, and a Passport Savings, where you can only view it online."


Where can one compare several savings accounts online?

There are many different savings accounts available to use. To compare them, one may go onto MoneyMarketAccounts to see 10 savings accounts compared, or onto Bankaholic, for a comparison of 25. Also, Deposit Accounts has a list of the top savings accounts of 2013.


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

Savings accounts earn interest.


Do college savings accounts offer better rates than regular savings accounts?

College savings accounts are tax free and tax deferred when they are withdrawn by the individual. The returns will vary. http://www.ehow.com/info_7994259_college-savings-accounts.html

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