Difference B/W Checking Account and Savings Account

While it's easy to confuse checking and savings accounts, they're actually very different. A checking account is a type of bank account where money can be deposited or withdrawn at any time. A savings account is a type of bank account that allows you to save money for the future and earn interest on it. Both types of accounts offer their own unique benefits, making them ideal for different scenarios.


A checking account is a bank account that allows customers to make deposits, withdrawals and transfers with various checks. It is also known as a demand deposit since you can access your money whenever you want by writing out a check or accessing the funds online. The money in the account can be used for immediate payment purposes; however, there are some limitations on when payments can be made using checks (e.g., they cannot be used to pay taxes).

In contrast, savings accounts allow individuals to save money over time without incurring any fees or penalties until it reaches maturity (i.e., after six months). They usually offer higher interest rates than checking accounts because they have lower balances but still offer many features, such as debit cards and direct deposit options.

Average Interest Rates

The main difference between checking and savings accounts is that you can write checks from a checking account but not from a savings account. The ability to write checks has no bearing on what you can earn in interest, however. Interest rates vary by bank and the type of account. For example, online savings accounts tend to have higher interest rates than brick-and-mortar branches do, so if you're looking for high returns on your money, consider opening an online account with a reputable bank.

As per SoFi professionals, "You can earn around 3.00% APY (annual percentage yield) on the savings balances, and around 2.50% APY on your checking balances with direct deposits."

Consider different types of accounts based on your goals for saving money. You also get $300 checking account bonus on signing up with various providers. For example, some people prefer retirement accounts because they offer tax benefits.

Withdrawal Rules

Withdrawals from a savings account are usually limited to six withdrawals per month. You can make unlimited deposits into a savings account, but you might not be able to withdraw money at all if there aren't sufficient funds available. In some cases, withdrawals may incur an early-withdrawal penalty fee if the balance has been held for less than 60 days. However, you can take out cash at any time from a checking account by writing a check or making an ATM withdrawal — no questions asked!

Additional Info

Checking accounts are often used to pay bills and are linked to paper checks, debit cards and online banking.

Savings accounts are for long-term savings and money that you don't want to use right now. Some savings accounts can be used as overdraft protection for your checking account - but it's important to find out what the terms and conditions are before you commit.

In conclusion, checking and savings accounts are important financial tools for individuals. The main difference between the two types of accounts is that a checking account provides access to funds through ATM withdrawals or debit card purchases, while savings accounts allow depositors to earn interest on saved money without incurring monthly maintenance fees.

How To Use A Speech Analytics Solution For Sales?

Speech analytics solution is an essential tool for salespeople. It helps you learn about the buyer's journey, determine which touchpoints to analyze and identify where your leads might be falling through the cracks. In this article, you'll see how to use speech analytics software in your sales process.

Analyze the buyer's journey

Your buyer's journey is the path a buyer takes from first hearing about a product or service to purchasing it. This can be analyzed and optimized with the help of speech analytics software, which can pinpoint all vital stages of your customer's decision-making process.

The buyer's journey is different for every product or service, so you need to figure out what yours looks like before you decide how best to use your speech analytics software. This will help you determine where along their buying journey, customers are losing interest in what you're selling them.

Determine which touchpoints to analyze

Now that you better understand how to use speech analytics for sales, it's time to start using it. But where should you start? The first thing to do is determine which touchpoints to analyze.

Some businesses will be able to use speech analytics in the lead generation phase, and others will only be able to apply it during the sales call. If this is the case with your business, then experts recommend starting with analyzing calls rather than leads because they are easier and quicker. After all, if something doesn't work in your initial test phase, no harm isn't any harm done unless any money is spent.

Apply speech analytics to the lead-generation phase

Speech analytics solution is a great tool to use when it comes to lead generation. This is because it allows you to track what kind of language and tone your leads respond to and how efficient their conversations are. For example, suppose a lead needs to respond more quickly when you send them information about your product or service. In that case, you can use speech analytics software to determine whether they prefer phone calls over emails or vice versa.

Analyze sales calls

The first call you should analyze is the call that was lost. After, you can analyze the calls won by your team and then compare those to the calls that were in between: neither won nor lost.

If you are using speech analytics tools for sales, you will be able to see this information in a dashboard format. You can also download it into an Excel spreadsheet or export it into another program like PowerPoint or Google Sheets. This will allow for easy analysis of trends over time and make it easier to share with managers and coworkers in your department so that everyone understands why specific tactics work better than others at different times throughout the year.

"Discover ways to take your transcription and comprehension accuracy to the next level," says Verint experts

So, what are you waiting for? With speech analytics tools, you can analyze your sales calls and increase your conversion rates. All you need to do is identify the touch points that matter most for your business, define how to measure them and then start using the tool. It's really simple – just follow the steps we outlined above and you will see results!

Download OnePlus Official Customization Pack - Fingerprint Animations and Live Wallpapers

Download OnePlus Genshin Impact Edition Fingerprint Scanner Animation and Live Wallpapers

OnePlus Genshin Impact Full ZIP (OxygenOS 13 and OxygenOS 12)

Download - Google Drive |

All Credits to Pavlova UI Newsroom - Channel Link

Install It as normal APK.

How to Uninstall these Fingerprint Animations and Live Wallpaper

Go to Settings - Apps - App Management (All Apps) - Search for Pacman or Genshin Impact (Whatever you Installed) - Open It - Tap on Three Dots - Select Uninstall for all users. Done.

Download iPhone 14 Dynamic Island for Android [Updated]

The Main Highlight of iPhone 14 Pro Max is the Smartly done Dynamic Island. Today, I'll Show how to get iPhone 14 Pro’s Dynamic Island and iOS 16 features on devices like Samsung, OnePlus, Xiaomi and Google Pixel.

What is Dynamic Island? 

How to get Dynamic Island on Android? (New Application)

New Application works on Both Center and Side Hole Punch + Shows Notifications, Charging, Music Player and also Connected Devices.

Download - Vientiane Smart Island

Original Article (Old Applications)

Get iPhone 14 Features on any Android Smartphone (Download at your Risk)

Smart Widget Box

MIUI Theme Name - 怪脾气UI | Direct MTZ Theme Download


Above Video Shows the Dyamic Island on Android and iOS 16 Widgets

iPhone 14 Pro Max All Colors (Model) Hands On