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Marta_Voda [28]
3 years ago
8

Why is a savings account better than a checking account for saving money?

Mathematics
2 answers:
Mashcka [7]3 years ago
6 0

Answer:

A checking account is a type of bank deposit account that is designed for everyday money transactions. Savings accounts have higher interest rates than checking accounts meaning it is better to let large sums of money sit in savings instead of checking.

Step-by-step explanation:

mote1985 [20]3 years ago
6 0

Answer:

A checking account is a type of bank deposit account that is designed for everyday money transactions. Savings accounts have higher interest rates than checking accounts meaning it is better to let large sums of money sit in savings instead of checking.

Step-by-step explanation:

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