savings account
noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form
Examples of savings account in a Sentence
She opened a savings account.
Recent Examples on the Web
Obtaining an unsecured personal loan is based on your creditworthiness and doesn’t require any collateral, like a car or savings account, to back the loan.
—
Sharon Epperson,stephanie Dhue, CNBC, 20 Feb. 2026
The Fed has raised its benchmark rate several times over the past year, and, in turn, many financial institutions have vastly increased the APYs offered on both high-yield savings accounts and certificate of deposit (CD) accounts.
—Matt Richardson, CBS News, 19 Feb. 2026
Parents can open the savings accounts for American kids under the age of 18 (with a Social Security number), but only those born between 2025 and 2028 will receive the $1,000 seed money from the federal government.
—Kinsey Crowley, USA Today, 18 Feb. 2026
Those organizations distribute scholarships that families can use for education expenses allowed under Coverdell education savings accounts.
—Susana A. Mendoza, Chicago Tribune, 18 Feb. 2026
See All Example Sentences for savings account
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Sharon Epperson,stephanie Dhue, CNBC, 20 Feb. 2026
The Fed has raised its benchmark rate several times over the past year, and, in turn, many financial institutions have vastly increased the APYs offered on both high-yield savings accounts and certificate of deposit (CD) accounts.
—Matt Richardson, CBS News, 19 Feb. 2026
Parents can open the savings accounts for American kids under the age of 18 (with a Social Security number), but only those born between 2025 and 2028 will receive the $1,000 seed money from the federal government.
—Kinsey Crowley, USA Today, 18 Feb. 2026
Those organizations distribute scholarships that families can use for education expenses allowed under Coverdell education savings accounts.
—Susana A. Mendoza, Chicago Tribune, 18 Feb. 2026
See All Example Sentences for savings account
Cite this Entry
“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 23 Feb. 2026.
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