Online vs. Traditional Savings: Which Account Has Your Best ‘Interests’ in Mind?

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If you’re going to tuck your money away, you might as well make it work for you. Before the advent of the Internet that generally meant opening up a traditional savings account, but with more and more banks offering high-yielding online accounts, customers have new options to keep their funds liquid while still maximizing their returns. But how does one decide between an online account and a traditional savings account? BlackEnterprise.com breaks down the differences between the two.

If you’re going to tuck your money away, you might as well make it work…

(Image: ThinkStock)

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