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  2. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    The reserve bank has also introduced Basic Savings Bank Deposit Account [5] which has certain limits, but allows customer to start a bank account with no minimum balance. They were not popular among the common man until the 1920s. [6] Savings accounts did not exist at most banks in India for a lot of time.

  3. The Average Minimum Balances for Online Savings Accounts - AOL

    www.aol.com/finance/average-minimum-balances...

    In fact, the typical online savings account has no minimum balance at all, compared to minimum balances of hundreds of dollars required by many financial institutions with physical branches ...

  4. CASA ratio - Wikipedia

    en.wikipedia.org/wiki/CASA_ratio

    CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3–4%. [1]

  5. How much should you keep in a high-yield savings account? - AOL

    www.aol.com/finance/how-much-in-high-yield...

    You’ll want to regularly review the amount you keep in an HYSA — as well as your account’s variable interest rate, which can fluctuate — adjusting your balance or moving your money to a ...

  6. How much money you could be missing out on with a low-APY ...

    www.aol.com/finance/much-money-could-missing-low...

    In a high-yield savings account or money market account paying 5 percent APY, you’d earn around slightly more than $500in a year. And if you continue to add to your balance, you’ll earn more ...

  7. Online savings account - Wikipedia

    en.wikipedia.org/wiki/Online_savings_account

    In fact, more than 8.5 million customers signed up for OSAs with leading U.S. banks in 2005 alone, and some industry experts estimated the online savings account market would triple in size, from $250 billion to $400 billion by 2010. [1] [2]

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