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Question
which type of bank account will charge a withdrawal fee if the limit on the number of withdrawals is exceeded? checking savings
Savings accounts typically have limits on the number of withdrawals per month (often 6 for certain types like Regulation D - though this has changed in some cases). If the limit is exceeded, a withdrawal fee is usually charged. Checking accounts generally have more flexible withdrawal rules and don't typically charge for excess withdrawals in the same way (they may have other fees like overdraft fees but not for exceeding a withdrawal count limit as commonly as savings).
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