Respuesta :
You can certainly have online statements with savings account
If you have a card, you can access it with an ATM
You CANNOT have a check book for a savings account.
You can set up an online savings plan
You can transfer money to other accounts
You can have direct deposit
Having a savings account DOES NOT guarantee you a car loan
You can set up automatic transfers.
Several tools and services are available with a savings account. These tools and services include "online statement."
With an online statement, a savings account holder can overview what is happening in his account.
Other tools and services available on a savings account include the following:
- ATMs --- this allows a savings account holder to collect money at any point of sales or ATM.
- Online savings plan --- A savings account holder can do an online savings plan.
- Transfer money to other accounts: this service is allowed when using a savings account.
- Direct deposit --- This service is allowed for a Savings account holder.
- Car loan -- A Car Loan is not guaranteed except one shows it is for business purposes.
- Automatic transfer: this is available for the savings account holder to transfer money at any point in time.
Hence, in this case, it is concluded that a savings account has many tools and services in its operations.
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