0
What else can I help you with?
What do banks do with the money you deposit into your savings account?
Take the money, put it aside for you and wait for you to return and get it.
How are money market savings accounts different from regular savings accounts?
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
Can I borrow money from my health savings account?
No, you cannot borrow money from your health savings account.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
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.
You have $200 in a savings account. Each week for 8 weeks, you take out $18 for spending money. How much money is in your account at the end of 8 weeks?
You have $200 in a savings account. Each week for 8 weeks, you take out $18 for spending money. How much money is in your account at the end of 8 weeks?
What do banks do with the money you deposit into your savings account?
Take the money, put it aside for you and wait for you to return and get it.
How are money market savings accounts different from regular savings accounts?
A money market savings account is a special kind of savings account. Money market account holders receive more money on their return. Money markets are secure.
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
Can I borrow money from my health savings account?
No, you cannot borrow money from your health savings account.
How would you put your money in the savings account?
Take the money to a teller at your bank, or deposit it in the ATM at your bank.
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.
Is it possible to transfer money from a normal savings account to an NRO account?
Yes, it is possible to transfer money from a normal savings account to an NRO account.
How long will it take for money to double in a savings account that is compounded continuously?
Five years
What is a type of savings account?
money market account
What is the purpose of a savings?
A Savings Account is a type of account that is designed to promote savings among the general public. You can deposit and withdraw money from this account but at the same time the bank offers you an interest on the money deposited into the account.
What happens to the money that you deposit in a savings account at a bank?
When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.
