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English, 20.02.2020 23:29 TerronRice

How is an online savings account different from a traditional savings account?
An online savings account includes a mobile app, while a traditional savings account
does not
An online savings account is offered by a bank that customers can only access online
rather than at a physical bank branch
Online savings accounts will only offer electronic Matements rather than paper copies
Online savings accounts cannot be FDIC insured, whereas traditional savings
accounts can

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How is an online savings account different from a traditional savings account?
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