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  2. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...

  3. No-penalty CD vs. savings account: How to match your ... - AOL

    www.aol.com/finance/no-penalty-cd-vs-savings...

    High-yield savings account vs. traditional savings account. How to open a high-yield savings account. ... It really depends on the bank and how current interest rates are trending at the moment ...

  4. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer ...

  5. High-yield savings vs. traditional savings account: Why it’s ...

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

    A high-yield savings account is like a high-powered savings account. It earns a much higher interest rate with fewer fees than you’ll find with a traditional savings account, helping your money ...

  6. Checking Account vs. Savings Account: Which Should You Pick?

    www.aol.com/news/checking-account-vs-savings...

    Interest in these accounts typically falls between the common 0% of a checking account, and the current 3% or so top end of money market accounts. ... Health savings account (HSA) ...

  7. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    Savings accounts are very popular in India, and almost 80% of the population have one, with many having multiple savings accounts. [4] The reserve bank has also introduced Basic Savings Bank Deposit Account [ 5 ] which has certain limits, but allows customer to start a bank account with no minimum balance.

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