Money Market or Savings with Debit and checking

Robert Ralyea
Robert Ralyea Member ✭✭✭
in Registers & Transactions (Windows)
My question is if you have a Money Market or savings that has a debit card or checking do you set the TYPE of account to checking or savings.

Best Answer

  • Tom Young
    Tom Young SuperUser ✭✭✭✭✭
    Answer ✓
    It really doesn't make a whole lot of difference which you choose, the Account will work with either designation.  If you don't really plan on using the debit card frequently or at all then "Savings" might be the clearer designation, but it just doesn't really mean anything as far as how Quicken works.

Answers

  • Tom Young
    Tom Young SuperUser ✭✭✭✭✭
    Answer ✓
    It really doesn't make a whole lot of difference which you choose, the Account will work with either designation.  If you don't really plan on using the debit card frequently or at all then "Savings" might be the clearer designation, but it just doesn't really mean anything as far as how Quicken works.
  • Robert Ralyea
    Robert Ralyea Member ✭✭✭
    Thanks Tom that what I thought.

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