Savings accounts aren't just piggy banks - they come with many superpowers! 💪

Let’s go over the 7 main ones today 🤔

1️⃣ They give you interest, kind of like a thank you gift for keeping your money with the bank. 💰

2️⃣ ATM Access

You can head to an ATM to access your money 🔑

3️⃣ Online Banking

Nowadays you can check your account, anytime, anywhere! 🌐

4️⃣ E-Transfers & Direct Deposits

Direct deposits help you send money straight to your savings account 🍰

5️⃣ Minimum Balance & Deposits

Some accounts require you to keep a minimum amount of money 🤔

6️⃣ Withdrawal Limits

Savings accounts are designed to help you save, not spend 🛑

So, many savings accounts limit what you can withdraw 🚦

7️⃣ Overdraft fees

💡Over drafting = spending into negative balance

Many banks charge you a fee when this happens, so you have extra debt 😔

Savings accounts offer many incentives for responsible spending, but can often have fees for irresponsible spending 🤔

Make sure to keep an eye out for the 7️⃣ features above when you look for a savings account and good luck! 🎁