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How many typesof account can be opened?

there are many: Checking, savings, investments, Commercial (business) just for starters, most people start by a simple checking and savings.


Do savings accounts provide you with a checkbook?

Usually not. Checking accounts give you a checkbook, but the idea behind a savings account is that you try to save the money instead of using it regularly, so usually checks and debit cards are only attached to the checking account. Of course online it is just as easy to access your savings account as your checking account.


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.


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


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


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's one difference between a checking account and a savings account?

savings account earns interest.


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

A savings account earns interest.


What is the primary difference between a business and a personal savings account?

A business savings account his connected to a business. While a personal savings account is connected to an indvidual.


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.