Course 1510 lessons

Banking and digital banking basics

How banks and digital banks actually work: what different account types are for, how banks make money from your deposits, moving money safely between banks, and the protections that keep your savings secure.

Savings vs checking accounts

A savings account is built for holding money you don't plan to spend right away. It usually pays a small amount of interest, comes with an ATM or debit card, and often limits how many withdrawals or transfers you can make in a month before fees kick in. For most individuals, it's the default account for everyday saving.