Question

If you plan to take money out of the bank frequently, what type of account should you get?

Answer 1

if you are planning to take out money frequently then I would recommend a checking account. however, if you plan to open a savings account there is a limited of how many times you can withdraw.

Answer 2

Answer: A checking account

Explanation:

A checking account is known to be a transactional account which makes withdrawal and deposit easy for account owners. This account can be accessed with the use of debit cards, writing of checks or withdrawal of cash. Thus, it is very liquid, has a low interest rate and the account holder can take out money from the account as often as he likes. It is also known as demand account.