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.

---

savings account British  

noun

1. an account at a bank that accumulates interest

---

Other Word Forms

Noun Inflected Forms

• savings accounts
  plural

Etymology

Origin of savings account

First recorded in 1910–15

Example Sentences

See Examples For:

savings account

As at 22 July, Moneyfacts said the average rate for an easy access savings account for a balance of at least £10,000 was 2.56%.

From BBC ● Jul. 22, 2026

As part of a retirement plan, Viktorin said those eligible for a health savings account, or HSA, should consider one as another tool to help save.

From MarketWatch ● Jul. 21, 2026

Fund a health savings account if you can.

From MarketWatch ● Jul. 21, 2026

That could mean setting up a direct debit from your current account to a savings account, organising cash into different envelopes or using round-up tools that put spare change aside when you spend.

From BBC ● Jul. 8, 2026

He put the cash in a savings account for Scoob but hasn’t decided what he’ll do with good ol’ Senior yet.

From "Clean Getaway" by Nic Stone

Related Words

• nest egg