http://www.cashorcredit24.com/what-is-the-difference-between-a-savings-account-and-a-checking-account-and-what-are-the-benefits-of-either Find answers for all your financial problem Thu, 03 Mar 2011 21:38:38 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://www.cashorcredit24.com/what-is-the-difference-between-a-savings-account-and-a-checking-account-and-what-are-the-benefits-of-either/comment-page-1#comment-472 apologizebytimbaland Tue, 29 Dec 2009 23:40:38 +0000 http://www.cashorcredit24.com/what-is-the-difference-between-a-savings-account-and-a-checking-account-and-what-are-the-benefits-of-either#comment-472 when you put money in a checking account you can pay for something out of that account with a check or using a debit card. most people use a savings account for long term uses such as saving up for a vaction or saving up for kid's college or so forth but you can get money out of that by going to the bank or transferring it to another account online when you put money in a checking account you can pay for something out of that account with a check or using a debit card. most people use a savings account for long term uses such as saving up for a vaction or saving up for kid’s college or so forth but you can get money out of that by going to the bank or transferring it to another account online

]]> http://www.cashorcredit24.com/what-is-the-difference-between-a-savings-account-and-a-checking-account-and-what-are-the-benefits-of-either/comment-page-1#comment-471 Lisa W Mon, 28 Dec 2009 16:17:06 +0000 http://www.cashorcredit24.com/what-is-the-difference-between-a-savings-account-and-a-checking-account-and-what-are-the-benefits-of-either#comment-471 The lines are getting blurred, but make sure your savings account is LINKED to your checking account so that you won't get overdraft fees when you use your debit card one time too often, or write one too many checks. (Banks make money by "fee harvesting.") Checks are used less often to pay bills now, but not everybody is set up to take credit/debit cards, and if you don't have cash, what are you going to do? A checking account lets you pay bills online, as well. A savings account acts as a back-up ... and a way to save money, in theory! ;-) The lines are getting blurred, but make sure your savings account is LINKED to your checking account so that you won’t get overdraft fees when you use your debit card one time too often, or write one too many checks. (Banks make money by “fee harvesting.”) Checks are used less often to pay bills now, but not everybody is set up to take credit/debit cards, and if you don’t have cash, what are you going to do? A checking account lets you pay bills online, as well. A savings account acts as a back-up … and a way to save money, in theory!

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