savings account

noun

Synonyms of savings accountnext
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form

Examples of savings account in a Sentence

She opened a savings account.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
To ensure quality education, Pendleton wants to cut taxes, reduce overhead spending, give parents more school choice choices via education savings accounts and vouchers, and pay teachers more. — Sophie Lindberg, Kansas City Star, 27 Oct. 2026 Because the Fed has kept rates elevated, savers continue to benefit from relatively attractive yields on high-yield savings accounts and other deposit products. — Jessica Dickler, CNBC, 26 Oct. 2026 LendingTree advises would-be parents to start a dedicated savings fund early, even years before a child arrives, and to park it in a high-yield savings account so interest can compound. — Martie Bowser, Fortune, 24 Oct. 2026 Existing bank account takeover A criminal gains access to your existing checking account, savings account, retirement account or payment app. — Kurt Knutsson, FOXNews.com, 24 Oct. 2026 See All Example Sentences for savings account

Word History

First Known Use

1850, in the meaning defined above

Time Traveler
The first known use of savings account was in 1850

Rhymes for savings account

See All Rhymes for savings account

Browse Nearby Words

savingness
savings account
savings and loan association
See all Nearby Words

Cite this Entry

“Savings account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/savings%20account. Accessed 28 Oct. 2026.

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Kids Definition

savings account

noun
: an account (as in a bank) on which interest is usually paid and from which withdrawals can be made

More from Merriam-Webster on savings account

Thesaurus: All synonyms and antonyms for savings account

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