Mathematics, 20.07.2019 23:40 adamske0

What are some of the factors to take into consideration when opening a savings account and what information do you need to provide?

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The following listed key factors will help you in choosing the best savings account. Interest rate, Minimum cash balance, Presence or network of the bank/financial institution, Service charges / ancillary fees, Debit card deals, Doorstep banking facilities. The required information are social security number, some form of id (like driver id or passport license) and the minimum amount required by your bank for an initial deposit to start a savings account.

Answer from: tangia

some of the factors to take into consideration

Interest rate. ...

Minimum cash balance. ...

Presence or network of the bank/financial institution. ...

Service charges / ancillary fees. ...

Debit-card deals. ...

Doorstep banking facilities. ...

information you need to provide

name

identity card

address

date of birth

a guarantor/guardian incase you are not yet an adult.

Step-by-step explanation:

some of the factors to take into consideration

Interest rate. .. what is the intended bank best rates

Minimum cash balance. ... :you need to ask if you have the minimum amount required to open an account with the bank

Presence or network of the bank/financial institution. ...

Service charges / ancillary fees. ...are the cares reasonable enough

Debit-card deals. ...

Doorstep banking facilities. ...; Does the bank have a facility you can walk up to ,in case there is a need for complaint and enquiry in the future

mobile banking; technology is evolving so also banking. you need to be sure there is a package for mobile banking were you can easily make transaction wit resulting to the traditional method

information you need to provide

-name

-identity card

-address

-date of birth

-a guarantor/guardian incase you are not yet an adult.

-passport photograph

Answer from: Quest

idk the answer but just put a

step-by-step explanation:

Answer from: Quest

he will have 300 because he is really broke and 300 is in his imangine

step-by-step explanation: he ehe heh step by the thy

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What are some of the factors to take into consideration when opening a savings account and what info...

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