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.
For instance, in Rhode Island, escrow accounts must earn the same interest as a regular savings account, according to the suit. — Sarah Agostino, CNBC, 13 Aug. 2026 With interest rates elevated, returns on select savings accounts will remain competitive, too. — Matt Richardson, CBS News, 13 Aug. 2026 McKinsey points to customers using AI to find higher-yield savings accounts, refinance or consolidate debt, compare financial products and access financial advice. — Nicole Casperson, Forbes.com, 12 Aug. 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 22 Aug. 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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