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.
However, as opposed to 529 plans and Roth IRAs, it is designed to be a long-term retirement savings account. — Josh Kelly, Oklahoman, 25 July 2026 How stoozing works Stoozing involves taking out a long-term 0% spending credit card and using it for your normal daily spending, while any unspent money from your bank account – such as your wages – goes into a top savings account to earn interest. — Marc Shoffman, TheWeek, 24 July 2026 Automating transfers from checking to a dedicated savings account is one of the simplest ways to build this cushion steadily without having to think about it. — Allbusiness, Forbes.com, 23 July 2026 Saving small amounts, $10 a paycheck, into a high-yield savings account can help build the momentum for years to come. — Andreina Rodriguez, CNBC, 23 July 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 31 Jul. 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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