Answer :
Savings accounts are a reliable way to store money is a good reason to place your money into a savings account
Savings accounts allow you to access your money quickly in case of an emergency, they allow you to increase your money while they are in storage, and they also guarantee that your money is secure.
An interest-bearing checking account often pays less interest than a savings account, which is a deposit account. Savings accounts have a cap on how many specific transfers or withdrawals you can make throughout each cycle of monthly statements.
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