An advantage of a NOW account over a traditional checking account is that your money is more readily available to you.

Name: An advantage of a NOW account over a traditional checking account is that your money is more readily available to you.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A NOW (Negotiable Order of Withdrawal) account is essentially a checking account that earns interest, and the availability of funds in a NOW account is generally the same as in a traditional checking account, not more readily available.

An Advantage of a NOW Account Over a Traditional Checking