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How does a current account differ from a savings account?
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A current account is designed for day-to-day transactions, such as taking cash out or paying bills. It typically provides less interest than a savings account, but there are usually more ways to access your money. A savings account is intended for storing and growing your money, and it will generally offer higher interest rates. Current accounts typically allow for more flexible access to your funds, whereas access to savings accounts is typically more restricted.