6 signs you're using the wrong savings account - Business Insider

earning enough interestAdditionally, if you're finding it hard to save or are tempted to spend your savings, a new savings account could solve the problem.

Don't let the wrong savings account keep you from reaching your goals — there are plenty of fee-free and high-interest options out there, and you can try as many as you'd like. It's hard to save when you have the wrong savings account. Whether you're growing a travel fund, maintaining an emergency fund, or saving for a down payment on a car or house, having the right account is essential.

You're not tied to your savings account: You can have multiple open if you want, and there's no long-term commitment. If one savings account doesn't work, there are plenty of others to try, including those that areHere are six signs you might be using the wrong savings account:The last thing you want from a bank is poor customer service. If you're having trouble getting in touch with your bank when you have questions or problems, it might be time to switch bank accounts.2.

Being able to easily make changes to your account is critical to growing your savings. It should be easy to make deposits, change automatic deposits, and make withdrawals when needed. If not, there are plenty of other options out there that do make this easy.

This is a weird way to introduce negative interest rates, eh?

who else is high?

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