Respuesta :

It’s very safe to use and it also earns interest. Also you can open the account and you do not have to have a lot of money to do that.

Have a great day.

Answer:

Advantage of a savings account is discussed below.

Explanation:

  • A savings account has major advantages such as Liquidity.
  • Liquidity is the measure to check how quickly you will get your cash flow without the loss of your cash value.
  • Savings account for help and promote the habit of saving among the salary earners or to those who have a fixed salary.
  • Saving account help the depositor to make payment by the way of issuing cheques.