Answer: Deposit savings account
Explanation:
Deposit savings account:
also called transactional savings accounts, are the simplest way to store your money in a bank or credit union or via an online banking platform and receive interest for doing so. These types of savings accounts can be typically opened with a small minimum deposit, and you can avoid paying minimum deposit fees as long as you maintain it.
Transactional savings accounts also have high liquidity and you can keep adding to the balance regularly.
