Question

9) what is one downside of using a savings account instead of a checking 1pc
account?
your savings account has high fees attached to it, while your checking account does
not
your savings account has a limit of 6 withdrawals per month, while your checking
account does not
your parents need to help you open a savings account, but you can open a checking
account without them
far fewer banks offer savings accounts, while far more banks offer checking
accounts

Answer 1

Savings account has a limit of 6 withdrawals per month, while checking account does not, is s one downside of using a savings account instead of a checking account.

What is meant by checking account?

Checking account is the regular account that facilitates the customer to deposits a withdrawal the money any time with no number of limit.

Checking accounts provides the limitless translation to the customer, and for this use businessman or businesswomen uses this account.

Thus, option B is correct.

For more details about checking account, click here:

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