pid: '94' How to use savings account in a sentence. filter: 'include' The word in the example sentence does not match the entry word. ga('set', 'dimension2', "entryex"); { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, 'increment': 0.01, syncDelay: 3000 Add the power of Cambridge Dictionary to your website using our free search box widgets. A savings account is a bank account which you use for money you don't plan to spend in the near future. userIds: [{ bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, A convenient way to save is with an online savings account whereby you do all of your activities on the internet or via the phone (saving you time and effort). Savings accounts usually have some restrictions on the number of withdrawals per statement period, and they tend to pay a relatively low rate of interest. → account { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; { bidder: 'sovrn', params: { tagid: '346693' }}, Only Resident India Individual, over 18 years of age with capacity to contract in accordance with applicable laws in India, without any tax liability outside India is eligible for opening SBI Digital Savings Account. iasLog("setting page_url: - https://dictionary.cambridge.org/dictionary/english/savings-account"); { bidder: 'sovrn', params: { tagid: '446382' }}, { bidder: 'sovrn', params: { tagid: '346698' }}, storage: { {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, These examples are from corpora and from sources on the web. Let your savings grow with an attractive interest bearing Savings Account and access it at your convenience, across a wide network of branches & ATMs. Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? "sign-up": "https://dictionary.cambridge.org/auth/signup?rid=READER_ID", A savings account is a long-term, fundamental money management tool that can help you meet numerous financial needs. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, }], bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, 'cap': true { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, bidders: '*', { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, "loggedIn": false }); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, var pbMobileHrSlots = [ var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Governments Markup Subsidy Scheme For Housing Finance; MCB Bank Announces Schedule of Bank Charges (January – June 2021) MCB Bank Timings for Public Dealing 'max': 3, name: "pbjs-unifiedid", Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. iasLog("criterion : cdo_ei = savings-account"); savings account synonyms, savings account pronunciation, savings account translation, English dictionary definition of savings account. pbjs.que = pbjs.que || []; { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, Saving Account in Bank – Meaning, Features, Advantages. iasLog("criterion : cdo_l = en"); dfpSlots['rightslot'] = googletag.defineSlot('/23202586/cdo_rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); 'min': 0, { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, googletag.pubads().setTargeting("cdo_tc", "resp"); },{ "login": { dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); Post Office Savings Account Definition: The Post Office Savings Account is the deposit scheme offered by the department of post on which fixed interest is paid. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, Cash ISAs. 204.2(d)(1) of Regulation D (FRB) limits withdrawals from savings accounts to 6 pre-authorized transfers or withdrawals (excluding withdrawals via an automated teller machine) per month or a statement cycle of at least four weeks. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; It enables the depositor to earn income by way of saving bank interest. { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); const customGranularity = { { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, googletag.pubads().setTargeting("cdo_dc", "english"); Saving account helps the depositor to make payment by way of issuing cheques. userSync: { if(!isPlusPopupShown()) { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, }] bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, In the United States, Sec. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; Traditionally, transactions on savings accounts were widely recorded in a passbook, and were sometimes called passbook savings accounts, and bank statements were not provided; however, currently such transactions are commonly recorded electronically and accessible online. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, Learn more. Savings accounts normally pay interest. "sign-out": "https://dictionary.cambridge.org/auth/signout?rid=READER_ID" {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, } googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); var pbTabletSlots = [ { bidder: 'appnexus', params: { placementId: '11653860' }}, googletag.cmd.push(function() { googletag.pubads().enableSingleRequest(); { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'appnexus', params: { placementId: '11654174' }}, { bidder: 'appnexus', params: { placementId: '19042093' }}, Browse our dictionary apps today and ensure you are never again lost for words. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/23202586/cdo_rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, // FIXME: (temporary) - send ad requests only if PlusPopup is not shown HYSA's can be a good option for short term investing. }; Example from the Hansard archive. Saving Bank Account - Open an online saving bank account with SBI. { 'min': 31, A savings account is a deposit account which allows limited transactions, while a Current Account is meant for daily transactions. googletag.pubads().setTargeting("cdo_ptl", "entry-lcp"); { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, if(pl_p) iasLog("exclusion label : wprod"); "error": true, { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, 'cap': true {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, name: "criteo" { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, "authorizationTimeout": 10000 ˈsavings acˌcount [ countable] a bank account for saving money over a long period of time, usually with higher interest than an ordinary DEPOSIT ACCOUNT Most savings accounts pay higher interest on larger balances. Savings Account Meaning: In deposit terminology, the term Savings Account refers to a bank account opened with a deposit of liquid funds and without having a given maturity date. A savings account provides an array of facilities like ATM cum Debit Card facility with different variants, calculation of interest on a daily basis, internet banking, mobile banking, online money transfer, etc. Set up a Raisin account and you can then apply for a variety of savings accounts through it – meaning you only need to enter your details once. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, enableSendAllBids: false iframe: { dfpSlots['rightslot2'] = googletag.defineSlot('/23202586/cdo_rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); [2][3][4], Learn how and when to remove this template message, "The only difference between regular and high-yield savings that matters is the one that earns you 10 times more on your money", "What a high-yield savings account is and how it can grow your money", Savings Account Definition | Investopedia, Savings Accounts Regulation D | MoneyRates.com, https://en.wikipedia.org/w/index.php?title=Savings_account&oldid=997164457, Articles needing additional references from October 2013, All articles needing additional references, Creative Commons Attribution-ShareAlike License, This page was last edited on 30 December 2020, at 07:53. { bidder: 'sovrn', params: { tagid: '346688' }}, The money in a savings account, however, is not intended for daily use, but is instead meant to stay in the account — be saved in the account — so that it might earn interest over time. Pays interest at a rate higher than that of checking account but lower than that of treasury bills. { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, Almost all savings accounts accrue compound interest over time. "sign-in": "https://dictionary.cambridge.org/auth/signin?rid=READER_ID", A savings account is designed with the primary purpose to help you save. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, type: "html5", type: "html5", Encourage the little ones to save with a kids' savings account. { bidder: 'appnexus', params: { placementId: '11654174' }}, Saving definition: A saving is a reduction in the amount of time or money that is used or needed . { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, if(refreshConfig.enabled == true) { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, Savings Account. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, Cambridge Dictionary +Plus { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, There’s no monthly account fee for using a NetBank Saver (fees may apply to a linked transaction account though) There's no minimum balance to open a NetBank Saver or a GoalSaver You can earn bonus interest rate on a GoalSaver when you grow your balance by at least $200 by the end of the calendar month and make no withdrawals in that month [1], High yield savings accounts, sometimes abbreviated to HYSA, are a type of savings account with higher interest than normal savings accounts. Some accounts require a minimum deposit, a deposit on a regular basis, notice of withdrawal, and other special conditions. So if you’re interested in making the most of banking benefits, while enjoying unmatched free services, this savings account is the one for you. 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. } | Meaning, pronunciation, translations and examples name: "idl_env", 'cap': true { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, },{ name: "unifiedId", ga('send', 'pageview'); Add savings account to one of your lists below, or create a new one. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, }, googletag.pubads().setTargeting("cdo_c", ["business_financial_industrial_technology"]); { bidder: 'appnexus', params: { placementId: '11654156' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, 'increment': 1, A current account savings account (CASA) is aimed at combining the features of savings and checking accounts to entice customers to keep their money in … { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, name: "_pubcid", This facility is also given to … { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, You can now shop or pay your bills online, transfer funds or track your account conveniently via the Netbanking, Mobile Application & … iasLog("criterion : cdo_c = " + ["business_financial_industrial_technology"]); { bidder: 'sovrn', params: { tagid: '346688' }}, A deposit account held with a financial institution that pays interest but does not allow for direct withdrawal through checks. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, },{ n. An account that draws interest at a bank. { bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, iasLog("criterion : cdo_pt = entry"); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Bank anywhere using the YONO app. var mapping_houseslot_b = googletag.sizeMapping().addSize([963, 0], []).addSize([0, 0], [300, 250]).build(); { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, var googletag = googletag || {}; Teach kids about saving and managing money. 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