What type of accounts do you prefer? fixed deposit account or Normal savings account.

Stardom22 · Apr 24, 2024

For me l do prefer the normal savings account. This is because l would like to access my money anytime of the day.

eldavis · Apr 24, 2024

I have never tried any of these accounts besides savings and having a current account. For me I think I would just go with having a regular savings account.

Springtime · Apr 24, 2024

I have both fixed deposit and savings accounts. I put some of my savings in fixed deposit account to earn more interest. It is also important to have savings account as we can withdraw money in it anytime.

Suba · Apr 24, 2024

Even though I have both a savings account and a deposit account, I don't like which one, the savings account doesn't earn interest so it's only for transactions, while the low interest deposit is only used as reserve money.

Shavkat · Apr 24, 2024

I also have the same feeling. I cannot have the fixed savings account because I need the money anytime if urgency happened. I am sure majority would have the same notion like me.

bestwriter · Apr 25, 2024

If you want to earn then fixed deposits is a choice Saving account is for money that can be withdrawn as and when one needs cash

Starmix · Apr 25, 2024

I only have a savings account this time. In the past years I had a checking and time deposit accounts. I withdrew them and I invested my money to mutual funds.

nomad · Apr 25, 2024

I try to create a balance as keeping funds in fixed deposit account will also lock my funds

cherry123 · Wednesday at 6:17 AM

I like more but go more for savings account as you can use daily while fixed deposit as it's time.

What type of accounts do you prefer? fixed deposit account or Normal savings account.

Stardom22

Well Known

eldavis

Very Familiar

Springtime

Well Known

Suba

Notable

Shavkat

Well Known

bestwriter

Notable

Starmix

Very Familiar

nomad

Moderator

cherry123

Very Familiar

Connect With Us