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
Reluctance to switch banks is one reason why many consumers miss out on high-yield savings accounts, which are more prevalent in the world of online banks.
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Daniel De Visé, USA Today, 6 Nov. 2025
According to an analysis by the nonpartisan Legislative Fiscal Bureau, a recipient may not use the credit to cover expenses related to insurance premiums, travel costs, or expenses paid through a health savings account.
—Molly Beck, jsonline.com, 6 Nov. 2025
The dad ‘borrowed’ $10k from his 4-year-old's savings account (mostly birthday money from family, by the way) to fund multiple NY trips.
—Suzanne Blake, MSNBC Newsweek, 30 Oct. 2025
In fact, while many bank account rates typically follow the Fed’s moves quickly, the online high-yield savings accounts rates haven’t fallen as much as the Fed’s overnight lending rate.
—Jeanne Sahadi, CNN Money, 29 Oct. 2025
See All Example Sentences for savings account
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Daniel De Visé, USA Today, 6 Nov. 2025
According to an analysis by the nonpartisan Legislative Fiscal Bureau, a recipient may not use the credit to cover expenses related to insurance premiums, travel costs, or expenses paid through a health savings account.
—Molly Beck, jsonline.com, 6 Nov. 2025
The dad ‘borrowed’ $10k from his 4-year-old's savings account (mostly birthday money from family, by the way) to fund multiple NY trips.
—Suzanne Blake, MSNBC Newsweek, 30 Oct. 2025
In fact, while many bank account rates typically follow the Fed’s moves quickly, the online high-yield savings accounts rates haven’t fallen as much as the Fed’s overnight lending rate.
—Jeanne Sahadi, CNN Money, 29 Oct. 2025
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 9 Nov. 2025.
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