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  2. What is a savings account? Definition, how they work - AOL

    www.aol.com/finance/savings-account-definition...

    A savings account is a good place to keep money for a later date, separate from everyday spending cash, because it offers safety, liquidity and interest-earning potential for your funds. These ...

  3. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    A savings account is a bank account at a retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook ...

  4. What is a high-yield savings account? Definition and what to ...

    www.aol.com/finance/high-yield-savings-account...

    A high-yield savings account issued by a FDIC-insured bank means your money is safe (within federal guidelines), but inflation can still impact its purchasing power over time. A high-yield savings ...

  5. Savings bank - Wikipedia

    en.wikipedia.org/wiki/Savings_bank

    A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks have mostly existed as a separate category in Europe. Savings banks originated in late-18th Europe as a ...

  6. Money market account vs. savings account: What’s the ... - AOL

    www.aol.com/finance/money-market-account-vs...

    A savings account is a financial product at a bank or other financial institution that allows you to deposit money, and it typically earns a modest amount of interest. ... Remember to check with ...

  7. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...

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