Savings account, why?

When my brother got his first job said unto me, can I borrow your account to make me deposit my paycheck? Question to which I replied immediately " What but your bank account is like your ID. " And so I came unintentionally to a resolution without planned. If you already started your working life have a bank account is required. And the next question is what and how But I open my bank account?

To determine, which is the best choice you must know first what you need are a Savings Account and Current Account no. The savings account, unlike the current account is for people who are just entering the financial system does not have a credit record and do not need a medium-term loan.

However, the savings account gives you a number of benefits:

    1. Saving without costs:
    There are several options for savings accounts maintenance cost S / 0, but with eye conditions such as an amount of window operations, cash or minimum balances.

    2. Debit Card:

    Most companies will provide a debit card with which you pay your bills on any property without carrying cash, and if your stolen or lost, just call the block for you. Then you the reset.

   3. Win Interests:

    In the market you get absolutely all interest on your money, of course, in some cases more than in banks, but always looking at the costs do not exceed the interest earned.

   4. Red Bank:
    Banks will offer a number of channels through which you can make your operations. My favorites are Internet Banking and Mobile Banking. In another post, I 'll show you how to get the most out.

If you're about to begin your working life, or you just reinsert this as an independent, it must have a savings account. Evita lends accounts. Not safe nor transparent. Remember that this is a means by which you can control your spending. Until our next post.