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Bank Accounts for Seniors – Best Options, Key Features, and Tips

Bank Accounts for Seniors – Best Options, Key Features, and Tips

Today, banks offer a variety of discounts and perks to seniors, making it easy to open and access an account. A senior bank account is specially designed to attract older adults through its unique features. For instance, some checking accounts may waive the monthly service fee for people over 50.

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Which kind of account is the best for you

Which kind of account is the best for you

Bank accounts take the form of savings accounts, checking accounts, money market accounts and certificate of deposits. Each is designed to meet a specific purpose. From daily spendings to savings in the long term, there is one to meet your every need.

A guide to certificate of deposit accounts

A guide to certificate of deposit accounts

One among the many bank accounts available to depositors, Certificates of Deposits (CDs) is one of the most favored. They combine less risk with more returns. CDs are basically time deposits held for a specified time frame, from 3 months to 6 years and carry a fixed interest rate.

Want to open a bank account online? Things you should consider

Want to open a bank account online? Things you should consider

The online space has come to be a real boon for many. Thanks to the internet, you can now do everything at the tips of fingers, while lying on your couch.

Types of individual bank accounts

Types of individual bank accounts

In today’s world, almost everyone holds a bank account. Banks offer different types of accounts to meet the needs of individual customers. Most banks give you the option to choose between five different types of accounts.

An introduction to bank accounts

An introduction to bank accounts

Banks are there to safeguard money, and have employed different ways to do so. Due to the growth of technology, the banking sector has seen tremendous changes. With the rise of Internet and mobile banking, an influx of options has made banking easier for customers.

Opening a bank account online? These are the problems that you may face

Opening a bank account online? These are the problems that you may face

A few years ago, opening a bank account meant several trips to the bank branch and even more formalities to be completed. Visiting a nearby branch and waiting until your account could make most of us procrastinate the much-needed task.