When making the decision to open a savings account, there aremany considerations a savvy consumer must keep in mind. Bycarelessly opening a savings account, a consumer risks throwinghimself or herself into an account that may cost them money in thelong run. In addition, it may difficult to close a particularsavings account depending upon the bank. A person also does notwant to choose the wrong savings account and then later have toclose it. Sometimes, closing a savings account can reflect verypoorly on a credit report. This is every consumer's worstnightmare, so it is important to research thoroughly and avoidmaking this mistake that other consumers have made in the past.First, it is important to consider the interest rate of asavings account. If one is new to the process of opening a savi