(1 point)
Responses
Regular savings accounts are exactly like checking accounts but with higher interest rates.
Regular savings accounts are exactly like checking accounts but with higher interest rates.
Regular savings accounts allow for more withdrawals and flexibility than money market accounts and CDs.
Regular savings accounts allow for more withdrawals and flexibility than money market accounts and CDs.
Regular savings accounts feature withdrawal minimums that are less than the account balance.
Regular savings accounts feature withdrawal minimums that are less than the account balance.
Regular savings accounts have a predetermined time limit before a withdrawal can be made.
1 answer
The statement that best describes a characteristic of a regular savings account is:
Regular savings accounts allow for more withdrawals and flexibility than money market accounts and CDs.
Regular savings accounts typically offer greater flexibility regarding withdrawals compared to many other savings instruments, such as certificates of deposit (CDs) and money market accounts, which may have more restrictions.
