Answer: simple savings account
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Interest rate on CD tends to be ____________ than savings account.
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Interest rate on CD tends to be _____ than savings account . simple savings account a good type of account when a person wants to start savings and needs to withraw money easily.
Sat Nov 11 2017 · A savings account allows you to earn interest on the money deposited into the account . Unlike a CD the funds do not have to be held in the account for a specific period of time before you can withdraw them. Depending on the bank you choose you may be able to access your savings account with an ATM card .
Many CDs with terms of at least 12 months offer rates that are higher than the best savings accounts . Keep in mind: Put $5 000 in a CD that earns 2.4% APY for a one-year term and your balance would increase by more than $120. CDs allow you to lock in a rate for the length of the term which is great if rates …
Fri Sep 13 2019 · The rates on savings accounts are typic...
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