Savings accounts usually offer _________ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account.

Quesiton : Savings accounts usually offer _________ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account.

Answer: ...

Savings accounts usually offer _________ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account. Savings account usually offer___ interest rates than checking accounts. It is ___ to access your money in a savings account than in a checking account . Savings accounts usually offer _____ interest rates than checking accounts. It is _____ to access your money in a savings account than in a checking account . Savings accounts usually offer _____ interest rates than checking accounts. It is _________ to access your money in a savings account than in a checking account a) lower; harder Answers. They usually offer higher interest rates and its harder to access your money when its in a savings account . The reason it's harder is because savings is for what the name says-- saving. It's in a separate place than your checking and usually requires going to a bank or ATM. Checking … Savings accounts usually offer _____ interest rates than checking accounts. It is _____ to access your money in a savings account than in a checking account . Thu Oct 19 2017 00:00:00 GMT+0530 (IST) · Savings accounts . The benefit: Savings accounts typically have higher interest rates than checking making it easy for you to grow your money faster. Per federal limits you can take money out of savings accounts only six times a month. The downside: You … Savings and checking accounts . Two of the most common bank accounts are checking and savings accounts . A checking account is a great way to manage your funds for everyday purchases. Usually a checking account offers unlimited transactions but is likely to offer a lower interest rate than a savings account if any interest at all. However money market accounts typically pay a higher interest rate than savings accounts . Money market accounts also offer check-writing and debit card capabilities a degree of liquidity not often found with savings accounts . Another big difference between the two is … Savings accounts always accrue interest . The interest rate depends on the bank the type of savings account (e.g. see Money Market vs Savings Account ) and the amount deposited but is always higher than the interest rate on checking accounts . As of May 2016 the highest interest rate on savings accounts (in the United States) is about 1%. Money market account : Money market accounts are similar to savings accounts but they require you to maintain a higher balance to avoid a monthly service fee. Where savings accounts usually have a fixed interest rate these accounts have rates that vary regularly based on money markets.