shrillexfrix121
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  • 25-10-2020
  • Business
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Are checking accounts and savings accounts the same thing

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naaestacks
naaestacks naaestacks
  • 25-10-2020

Answer:

A checking account is a type of bank deposit account that is designed for everyday money transactions. The money in a savings account, however, is not intended for daily use, but is instead meant to stay in the account — be saved in the account — so that it might earn interest over time.

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