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
In comparison, depositing the same amount in a 4% APY high-yield savings account would net you over $2,000 a year.
—
Ryley Amond, CNBC, 14 Nov. 2025
Ideas include redirecting the funds to consumers to use in tax-advantaged flexible spending accounts (FSAs) or health savings accounts (HSAs).
—Sahil Kapur, NBC news, 13 Nov. 2025
Bank computers didn’t wipe out savings accounts.
—The Athletic Nba Staff, New York Times, 10 Nov. 2025
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.
—Daniel De Visé, USA Today, 6 Nov. 2025
See All Example Sentences for savings account
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Ryley Amond, CNBC, 14 Nov. 2025
Ideas include redirecting the funds to consumers to use in tax-advantaged flexible spending accounts (FSAs) or health savings accounts (HSAs).
—Sahil Kapur, NBC news, 13 Nov. 2025
Bank computers didn’t wipe out savings accounts.
—The Athletic Nba Staff, New York Times, 10 Nov. 2025
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.
—Daniel De Visé, USA Today, 6 Nov. 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 16 Nov. 2025.
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