Checking vs. savings
Checking accounts are built for everyday spending, while savings accounts are designed to help you set money aside for future goals.
MONEY BASICS
Banking 101
Your bank account is one of the first tools you use to manage your money. Here’s what you need to know.
Debit cards
A debit card lets you spend money directly from your checking account. Keep track of your balance so you know what you can actually afford.
Interest
Interest is money paid on money. A savings account may earn interest, helping your balance grow over time.
ATMs & fees
ATMs can be convenient, but some transactions may come with fees. Know your bank’s policies before using an unfamiliar ATM.
Money Smart tip: Check your account regularly. Knowing where your money is going is one of the easiest ways to build good habits.