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

December 25, 2009 by admin  
Filed under Questions and Answers

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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