💨 Abstract

This article from U.S. News & World Report discusses the four basic types of bank accounts: checking, savings, certificate of deposit (CD), and money market accounts. Here are the highlights: - **Checking Account** is for daily expenses, offering payment methods like checks, debit cards, and online transactions. Types include free checking, high-yield, and business checking. - **Savings Account** earns interest and is for short-term goals or emergency funds.

Courtesy: WTOP Staff