Which of the following is not a characteristic of a typical bank savings account?(1 point)

Responses

no restrictions on money withdrawals or deposits
no restrictions on money withdrawals or deposits

savings are easily accessible for the customer
savings are easily accessible for the customer

an average of 0.05% interest with no other restrictions
an average of 0.05% interest with no other restrictions

a high interest rate

1 answer

The option that is not a characteristic of a typical bank savings account is:

a high interest rate

Typically, savings accounts offer lower interest rates compared to other investment options.