Can you have a checking and savings account 2024?

Avery Hall | 2023-05-07 11:51:08 | page views:1789
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Olivia Clark

Studied at Yale University, Lives in New Haven, CT
Banks can't count on your money staying in checking accounts very long, so they have to hold a greater amount of your money in reserve than they would for a savings account, and they can't lend it out. Instead, they make money on checking accounts through fees.
2023-05-16 11:51:08

Julian Wilson

QuesHub.com delivers expert answers and knowledge to you.
Banks can't count on your money staying in checking accounts very long, so they have to hold a greater amount of your money in reserve than they would for a savings account, and they can't lend it out. Instead, they make money on checking accounts through fees.
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