Checking vs. Savings

6 withdrawals or transfers per month

your money can earn the most in interest in this account

best for money needed in the future

good for building an emergency fund

limited access so you don't spend all the money in the account

the online version of this account usually has higher interest rates

can use the ATM more often with this account (although there might be a limit)

using a debit card will take money directly out of this account

best for money needed on a daily basis

can order checks that you can use to take money out of the account