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Synonyms

savings account

American  

noun

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

savings account British  

noun

  1. an account at a bank that accumulates interest

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of savings account

First recorded in 1910–15

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

I have two questions: Should I take the money from my savings account instead?

From MarketWatch • Jun. 1, 2026

Unless it’s an extremely volatile stock, I would still take this $10,000 from your savings account rather than your stocks.

From MarketWatch • Jun. 1, 2026

Your $750,000 IRA and $50,000 savings account put you in a very solid position, given that your house is paid off and you are comfortable living off your Social Security.

From MarketWatch • Jun. 1, 2026

Make sure it’s in a high-yield savings account so that you can earn interest as well.

From MarketWatch • May 30, 2026

“No, I got it. Thanks. A savings account for college is a good idea.”

From "Okay for Now" by Gary D. Schmidt

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.

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