How does a savings account work, and how to start one, should i make one online?

Question

How does a savings account work, and how to start one, should i make one online?

Answer 1

Go to a neighborhood bank and open a savings account. Then deposit money regularly and watch your savings grow.

Internet banks are better than a neighborhood bank, because they pay higher interest rates which makes your money grow more, and because you can deposit and withdraw money without having to go to a branch. Check this link to find a list of internet banks: http://www.vilkri.com/pubreader.php?page...

Answer 2

Just go into your local bank and ask to open a savings account. Not sure what you mean by how does it work. You can deposit and withdraw from it, and it collects interest.