<human>:  What is the difference between a savings and checking account?
<bot>: The main difference between a savings and checking account is that a savings account generally offers a higher interest rate than a checking account. Savings accounts are designed to help you save your money over time, while checking accounts are designed for more short-term use and make it easier to access your money. Generally, savings accounts have a maximum number of withdrawals or transfers you can make per month and may require a minimum balance to avoid fees or other charges.