What are the Benefits of Having a Savings and A Checkings Account?

I hold a Checking, Savings and Credit Card Account

But, I simply Realised that I can move my Savings over to my Checkings and merely own the 2 accounts.

What are the benefits of Having a Savings Account?
What do I bring back out of it?(Aside from the puny interest plus on it)
Do I catch Credit Points for have so much $$ on the Account?
Does it look better for Creditors of I hold a Savings Account AND a Checkings?

I'm Planning to buy a Car, so my Main interest is Credit prudent...

And if it dosen't minister to.. next I backfire to see the point/benefits of have a Savings Account.

Answers:
It help to show creditors that you are in your favour and are financially responsible and it also help you to put some money aside and forget that it exists.
Well , my hoard information get almost 5% interest and the checking get none but let me settle up bills .

Although , in a minute , Schwab have a checking justification that pays over 4% against the balance . . .
Am thinking something like doing that but . . .

Citi have apposite eSavings rates and allows for trouble-free online verbs of $$$ when you have need of to move it to checking to pay packet a bill .

Re : Credit / FICO -
That is almost your debt to income ratio and Never anyone deferred by payments .

http://en.wikipedia.org/wiki/fico_score...

>
Saving your money is useless.INVEST your money!
bank discharge you drastically little to use your money.
Try a money souk or a stock that pays a wearing clothes dividend.


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