Once opened, the account can be connected to a checking account at any other bank or credit union. (valuepenguin.com)
If your bank requires a $ 10,000 deposit and that seems too difficult to achieve, compare money market account rates and deposit requirements for interest - bearing accounts at other banks. (savingsaccounts.com)
Customers can open a savings account and then tie that account to a checking account or money market account at any other bank, transferring funds for free from one financial institution to another. (savingsaccounts.com)