Specific Types of Bank Accounts
There are several different types of bank accounts that you can choose from, each with its own set of features and benefits. Some common types of bank accounts include checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs). Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to specific types of bank accounts.
What Is a Savings Account? Definition, Types, and Benefits
Andrew Latham
What Is a Checking Account? How It Works, Types, and Fees
Andrew Latham
Money Market Account (MMA): How It Works, Rates, and When to Use One
Andrew Latham
High-Yield Savings Account (HYSA): Definition and Mechanics
Andrew Latham
What Is a Certificate of Deposit (CD)? Definition and How CDs Work
Andrew Latham
What Is FDIC Insurance? Coverage Limits and How Deposit Protection Works
Andrew Latham
What Is a Credit Union? How It Works and How to Join
Andrew Latham
Retirement Money Market Accounts: Definition, Benefits & Examples
Silas Bamigbola
What Is An IRA CD? Explanation, Pros & Cons
Camilla Smoot
What is the annual equivalent rate (AER)? Definition, How It Works, and Examples
Abi Bus