Types of bank accounts: what to choose?

Each person has a need, and it seems that banks are realizing it. When we want to open an account we must look at many aspects that can have an economic impact on our savings, but above all, we must choose an account (either savings or current) that suits our needs.

Bank accounts are the most common financial product offered by any bank to their customers. Regardless of the finance company with which we open the account, almost all allow us to do the same: household payroll and invoices for the principal supplies and deposit and withdraw cash.

Most importantly what you should look to open a bank account in any bank it is in the services that will offer the bank. For example, ask yourself if there are fees or additional services that will have to sign, such as the types of cards that are associated, or have some advantage to household payroll.

What bank accounts exist?
Although all customers expect their bank to offer them a series of guarantees, not all customers want the same thing. Will the pensioners want the same that the young people who first opened a checking account? Or parents who want to open a first savings account for their children? The answer is no.

On the Internet it is possible to find many comparators of accounts that allow you to make a comparison between the different options on the market to suit your needs. But first, you must ask, what kind of bank account you want? And for this you must be clear about the current options.

Current accounts
Within the full range of bank accounts, current accounts are the most common and popular among customers because it allows us to perform all operations that we need for our day to day. However, if you want to save every month, maybe not the option that suits you, since most of them do not offer compensation.

It is possible there are also commissions, if basic requirements established by the bank are not met.

Saving accounts
These are designed for those who want a safe option to save every month. Unlike current accounts, most banks offer a percentage of monthly remuneration depending on the balance we have.

The majority of these accounts do not allow household receipts or associate cards. Unlike deposits, saving accounts can recover the money when we need it without any penalty for having brought before deadline.

Although these two types of accounts are the most common, banks may also offer housing accounts, the famous payroll accounts or accounts intended for the young.