Banking

What is a Savings Account?

A savings account is a type of bank account that you use to store money that you don’t need on a daily basis.

Things You Should Know About Savings Accounts:

  1. You can earn interest on the money in your account.
  2. There is usually a limit to how often you can take money out without a fee.
  3. A savings account can help you keep money in a safe place for emergencies, larger purchases, and other non-monthly expenses. 

https://www.nerdwallet.com/article/banking/savings-accounts-basics

For more information about Savings Accounts contact Monique Winfree at BBVA bank at Monique.winfree@bbva.com or 817 223 2053. BBVA often has promotions that offer you money when you open a new savings account.

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What is a Savings Account?

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