More Items
More Items
by Amin Tabrizi
Question by Shennie M.: What happens to money in a savings account? Does it earn interest? Do you hav to add money to it manually? Can you take money out? How old do you have to be to take money out of the account with the corresponding debit card? Best answer: Answer by Cherry it most likely earns interest, check with your bank to find your interest rate you can add money to it manually or you can have a set amount automatically transferred at regular interval (weekly monthly yearly) from another account like your checking account taking money out is normally done by transferring it to another account such as your checking account and then spending it from their by withdrawing it, writing a check, or using a debit card i don’t think that there is a particular age you have to be (maybe 18). the more important thing is being able to show that you can be responsible for the account. if you overdraw or something you should be able to show that you have income to be able to pay any debts Know better? Leave your own answer in the comments!More Items More Items Check Out The Full, Indepth Details Here: What happens to money in a savings account?
1/1 Powered by TCPDF (www.tcpdf.org)