asked 109k views
1 vote
Which kind of account is most likely to require a minimum balance?

asked
User Noamk
by
7.5k points

1 Answer

4 votes

Answer: Savings Accounts

Step-by-step explanation:

But as the name suggests, these accounts are meant for saving money. So there is a restriction on the number of certain types of withdrawals or transfers you can make in a month and usually a daily minimum balance requirement.

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.