Social Sciences, asked by durgeshnandanishukla, 5 months ago

what do you mean by credit card? what is difference between the saving account and fixed deposit account

Answers

Answered by nd717502
10

Answer:

What is the Difference Between Current and Savings Accounts? While a Savings Account is one wherein you deposit your savings with the bank and earn interest on the same, a current account is one where you deposit money to carry out business transactions.

Explanation:

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Answered by lyngdohmagrina
7

Answer:

Fixed Deposit Account is a kind of investment, where the money is deposited for a particular period of time (tenor) and the bank/financial institution pays interest on the money deposited. But unlike a savings account, the money cannot be withdrawn before the fixed tenure, or rather it should not.

Explanation:

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