What are the 5 types of bank accounts?
What are the 5 types of bank accounts? Banking Basics: 5 Types of Bank Accounts Checking Account. A basic checking account is what’s known as a transactional account. Savings Account. It’s all in the name. Certificate of Deposit (CD) Money Market Account. Individual Retirement Accounts (IRA) How many types of bank accounts open? Traditionally, there […]