What is the benefit of a savings account? Select all that apply.

(1 point)
• It allows you to use a debit card to pay for purchases.
• It earns interest regularly.
• It eliminates any interest or fees you must pay on borrowed money.
• It sets aside money for future use.

1 answer

The benefits of a savings account include:

  • It earns interest regularly.
  • It sets aside money for future use.

The other options listed are not typically benefits of a savings account.