Savings Plan

Kayla Jensen

Difference Between Savings & Investing

There's a huge difference between savings and investing.

- Savings; an economy of or reduction in money, time, or another resource.

- Investing; expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

Reasons to Develop a Savings Plan

There's so many benefits to develop a savings plan. Here's some.

  • Earns Interest
  • FDIC insurance protection
  • Access to more than 20,000 Chase ATMs and 5,600 branches nationwide
  • Link this account to your Chase checking account for Overdraft Protection1

Saving Services Offered By Chase Bank

There are different types saving services offered by Chase. There's Chase Savings. There's also Chase Plus Savings. They have some good benefits, such as all the ones in chase savings and now these ones;
  • Higher balances may earn a better interest rate2
  • Your Chase Plus Savings account will earn relationship rates when linked to an active qualifying Chase checking account3