savings account

American  

noun

• savings accounts
  plural

1. a bank account on which interest is paid, traditionally one for which a bankbook is used to record deposits, withdrawals, and interest payments.

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savings account British  

noun

1. an account at a bank that accumulates interest

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Other Word Forms

Noun Inflected Forms

• savings accounts
  plural

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Etymology

Origin of savings account

First recorded in 1910–15

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Example Sentences

See Examples For:

savings account

However, it is possible for consumers to build the same structured saving habits on their own — and earn significantly more interest — simply by setting up automated transfers to a dedicated high-yield savings account.

From MarketWatch ● Oct. 13, 2026

My aunt had money in a savings account earning next to nothing, and she said she’d rather see it go toward a home.

From MarketWatch ● Oct. 9, 2026

Curo said the extra money was primarily to increase the block's sinking fund, which acts as a long-term savings account for building costs.

From BBC ● Oct. 8, 2026

This year, she withdrew $2,000 from her savings account, leaving her with roughly $13,000 in the bank.

From The Wall Street Journal ● Sep. 18, 2026

My parents didn't have life insurance, or much in terms of a savings account.

From "Counting by 7s" by Holly Goldberg Sloan

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