How much money is required to open a saving account?
Some Banks require a deposit minimum to open an account while others may not.
What is Savings Account?
A savings account allows you store your funds with a financial Institution while earning interest.
How often can I withdraw my money?
Savings Accounts do have limitations on the frequency a holder can withdraw or transfer funds in a month’s time. Savings accounts allow you to withdraw or transfer your funds up to 6 times per month. This limitation is placed by the Federal Reserve.