What is a savings account?

What is a savings account? Here are some definitions.

Noun (finance, banking) A bank account designed for a client's savings, which compared to a current account typically entails withdrawal restrictions but yields a better interest Find more words! 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This is a savings account that has two main advantages over traditional savings accounts. Deposit your redundancy cheque in a Best Buy high-interest easy-access savings account, and try to eke it out for as long as you can. His health savings account requires insurance plans with high deductibles, which undermines the goal of preventive care. Do you transfer money from your current account to a savings account regularly? When choosing a children's savings account, ignore the gimmicks, free gifts and advertising featuring cartoon characters or celebrities. See Also What is another word for savings account? Sentences with the word savings account Words that rhyme with savings account What is the plural of savings account? Translations for savings account Nearby Definitions savings savingness savingly saving graces saving grace saving savings accounts savings bank savings banks saving throw saving throws Savino