What is the difference between a savings account and a checking account 2024?
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Works at the United Nations Office on Drugs and Crime, Lives in Vienna, Austria.
A checking account is a type of bank deposit account that is designed for everyday money transactions. The money in a savings account, however, is not intended for daily use, but is instead meant to stay in the account -- be saved in the account -- so that it might earn interest over time.
2023-05-13 10:50:29
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Oliver Davis
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A checking account is a type of bank deposit account that is designed for everyday money transactions. The money in a savings account, however, is not intended for daily use, but is instead meant to stay in the account -- be saved in the account -- so that it might earn interest over time.