Savings Account
A savings account is a type of bank account where you put money that you don’t need to spend immediately. You deposit money with Bank of Shaoxing and get paid interest in return for saving with us.
Savings accounts are simpler than current accounts, which are designed for everyday banking like paying bills. For example, you can’t have an overdraft with a savings account. A savings account is there for you to put money away safely so it’s available when you need it. It can help you build up a lump sum, and earn you interest on money that you don’t need right now, for other things.
Why Compare Savings Accounts?
When choosing a savings account, you want to get a good interest rate – along with the features you need to manage your finances. With so many providers out there, you have a lot of options to choose from to find the best savings account to suit your needs.
At Bank of Shaoxing, we make it easy to compare savings account rates by gathering information from dozens of accounts in one place. You can see the rates available and key information at a glance  – including pros and cons, maximum and minimum balance, and the ways you can manage your account.
We Make Banking Easy and Convenient!
- No transaction fee charged at Bank of Shaoxing and Allpoint ATMs
- Online Banking and eStatements
- Mobile Banking and Mobile Check Deposit
- Combined Statement Available with Checking Account with Identical Ownership
- Automated Sweep Capability with Checking Account with Identical Ownership