> Savings accounts are essentially restricted checking accounts, so what's the point?
Zero risk, but higher returns than a checking account. You may not care about the difference between 0% interest and 1.5%, but it is nice to have a few hundred $$ extra at the end of teh year.
Zero risk, but higher returns than a checking account. You may not care about the difference between 0% interest and 1.5%, but it is nice to have a few hundred $$ extra at the end of teh year.