What is the difference between a savings account and a checking account, and what are the benefits of either?

December 25, 2009 by admin  
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savings account
Elestra asked:


Obviously you can write checks using a checking account, but other than that, why would you use a checking account over a savings account? And can you use a debit card with a saving account, or is that also only checking?

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How do interest rates work for a savings account?

August 16, 2009 by admin  
Filed under Questions and Answers

savings account
Luv`You`Not asked:


I’m about to get my own bank account. I wanted to get a debit card at first, but a friend told me that if I use a savings account, I can earn interest. But I don’t really know how it works. And she doesn’t quite know either. Btw I’ll be 14 when I get it.

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I have a savings account at Wells Fargo, is it possible to get a debit card for that account?

October 27, 2007 by admin  
Filed under Questions and Answers

savings account
John J asked:


I used to have a Checking Account, and a Savings Account. I transfered all of my funds to my savings account, while my debit card was on the way to my address. Is my debit card linked to my Checking Account, or Savings Account, or both? Also, is it possible to request a new debit card for my Savings Account from Wells Fargo?

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