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What banks in southern California will allow a 16 year old open a checking and savings account?
Wells Fargo, if your parent is added on the account with you. They have a checking called the "teen checking" that is specifically designed for people between 13 and 17. Once you turn 18, you can open an account without your parent having to be on it with you.
What else can I help you with?
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 makes a savings than a checking account account a better investment?
A savings account earns interest.
What's one difference between a checking account and a savings account?
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.
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.
What is a type of savings vehicle?
Checking account
Is a savings account safer than a checking account?
Yes, a savings account is generally considered safer than a checking account because the funds in a savings account are typically not as easily accessible for spending, reducing the risk of unauthorized transactions or overdrafts.
