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2. Flexi Fixed Deposits - Wikipedia

   en.wikipedia.org/wiki/Flexi_Fixed_Deposits

   A Flexi-Fixed deposit has two features that effectively combine the benefits of savings and current accounts and fixed deposits: The "Auto-sweep feature (sweep-in)": The balance in excess of a stipulated amount is automatically transferred to a fixed deposit (FD) account for a default term of one year.

3. 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.

4. Should You Save Money or Invest? Here's How to Decide - AOL

   www.aol.com/save-money-invest-heres-decide...

   Let's assume you have $10,000 to invest and can earn 5% APY with a savings account or 10.2% (the historical average annual rate of return for the S&P 500) by investing it. Here's how your money ...

5. CASA ratio - Wikipedia

   en.wikipedia.org/wiki/CASA_ratio

   CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3–4%. [1]

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

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

   A savings account is an interest-earning bank account designed to help you store and grow your money. It’s great for short-term goals, emergency funds or savings you might need to access quickly.

7. Saving vs. investing: Which strategy works best for growing ...

   www.aol.com/finance/saving-vs-investing...

   Let’s break down these key differences. With savings accounts, your money stays protected — a $10,000 deposit remains $10,000, plus the interest you earn.