give me a conclusion on bank and types of bank account
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Answer:
Conclusion. A bank account is not only about saving money, it's also about managing money. Opening an account is a smart move - it means that you can access a service that helps you control your money, and which may help you borrow at some time in the future, if you need to do so.
Answer:
ajwantkaur123 Ambitious
Different types of bank accounts serve different needs. Depending on your goals, it’s wise to put money into the best account and use the right tools for spending and saving. Doing so allows you to maximize the return from your bank, minimize fees, and manage your money conveniently.
Most banks and credit unions offer the following types of accounts, which we’ll cover in detail below:
Savings accounts
Checking accounts, including interest checking
Money market accounts
Certificates of deposit (CDs)
Retirement accounts