Question

What are the different types of bank accounts in which people deposit money
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Answer 1

Answer: There are many different kinds of bank accounts, each with their own pros and cons. Common account types include checking, savings, money market, CDs, IRAs and brokerage accounts.

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Answer 2

Different Types of Bank Accounts

Bank Accounts are classified into four different types. They are,

1) Current Account.♥️

2) Savings Account.♥️

3) Recurring Deposit Account.♥️

4) Fixed Deposit Account.♥️