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What's the Difference Between Checking \u0026 Savings? Kal Penn Explains - Mashablemortgagebrokerscalgary.info � CNBC Select � Banking. While some chequing accounts do pay interest, the interest rates are usually minimal. In contrast, savings accounts offer much higher interest. Most banks offer two types of personal banking accounts: chequing and savings. Chequing accounts are useful for everyday banking � like paying.
