Difference Between Checking and Savings Accounts | Santander Bank - Santander
What is the Difference Between Checking and Savings Accounts?
Checking Accounts: Money for Everyday Needs
Savings Accounts: Money for Long-Term Goals
Checking vs. Savings Accounts – Which is Best for Me?
1We limit withdrawals and transfers out of your savings and money market savings accounts. You can withdraw or transfer funds from a savings or money market savings account a total of six (6) times per Service Fee Period (such as by automatic or pre-authorized transfers using telephone, online banking, mobile banking, overdraft protection, payments to third parties, wire transfers, checks, and drafts). If you repeatedly exceed these limits, we may close or convert your account to a checking account, which may be a non-interest-bearing checking account.