When selecting a savings account, you should look at the following factors except

When you select a savings account, you should look at the following factors:

1) Bank of account. This is where you open your savings account. You need to know the reputation and performance of the bank. This way, you'll know if your savings will be well taken cared of.
2) Interest rate. The higher interest rate, the better
3) Location. Easier to open a savings account on the bank nearest to you.
4) Accessibility. Easier to contact the bank with your concerns either through a phone call or an online message.

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