savings account
noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form
Examples of savings account in a Sentence
She opened a savings account.
Recent Examples on the Web
Maximize your savings: Best high-yield savings accounts Who benefits from Fed rate cuts?
—
Paul Davidson, USA TODAY, 16 Dec. 2024
Open a joint savings account with your partner to stay aligned on goals.
—Natalie Campisi, Forbes, 12 Dec. 2024
Link your checking account and savings account so any shortfall is covered by your own money.
—Susan Tompor, Detroit Free Press, 12 Dec. 2024
The rate on savings accounts offered to the average customer of Bank of America, to choose a commercial bank at random, is 0.01% a year.
—Michael Hiltzik, Los Angeles Times, 3 Dec. 2024
See all Example Sentences for savings account 
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Paul Davidson, USA TODAY, 16 Dec. 2024
Open a joint savings account with your partner to stay aligned on goals.
—Natalie Campisi, Forbes, 12 Dec. 2024
Link your checking account and savings account so any shortfall is covered by your own money.
—Susan Tompor, Detroit Free Press, 12 Dec. 2024
The rate on savings accounts offered to the average customer of Bank of America, to choose a commercial bank at random, is 0.01% a year.
—Michael Hiltzik, Los Angeles Times, 3 Dec. 2024
See all Example Sentences for savings account
Dictionary Entries Near savings account
Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 30 Dec. 2024.
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