Question

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

Answer 1

Answer:

A saving account is a bank account which is generally opened by salaried individuals. The main objective of asaving bank account is to encourage and promotesavings. A fixed deposit account is a bank accountwhich requires a fixed sum of money to be invested for a fixed period of time.

Explanation:

A saving account is a bank account which is generally opened by salaried individuals. The main objective of asaving bank account is to encourage and promotesavings. A fixed deposit account is a bank accountwhich requires a fixed sum of money to be invested for a fixed period of time.