Why is a checking account more convenient than a savings account?

O

A. There are fewer fees associated with a checking account.

O

B. It's easier to spend the money in a checking account.

O

C. A checking account earns more interest.

O

D. A checking account comes with a credit card.

B. It's easier to spend the money in a checking account.

Explanation:

Transaction accounts or checking accounts are more viable when the needs employ savings less and using of the money more. This is because the person will be depositing and spending a high amount of money from the account with less allowance fee or withdrawal limits.

Good checking accounts have minimal maintenance fees and have active debit and credit network along with ATM connectivity effectively.