Choosing the Right Savings Account

There are plenty of choices available for saving money, so why bother with a savings account that barely pays any interest?

Reason: They're convenient and easy to use -- and often cheaper than other savings alternatives. While money markets and certificates of deposit typically require high minimum balances and impose transaction limits, savings accounts are a simple, no-fuss way to set aside a little money.

If you plan on opening a savings account, here are a few things to consider: ...