Re:Goldman Sachs reportedly said Apple Card savings account ...
by techsupporter on Monday October 16, 2023 @12:12PM
(#37901970)
The person you're replying to is meaning how savings accounts work in the US. You put money in them and let it sit, earning interest. Changing savings account banks is quite easy.
Checking (or "demand") accounts work like you describe and people are slower to switch them for that reason.
Checking (or "demand") accounts work like you describe and people are slower to switch them for that reason.