Saved Help Save & E Types of money include checking accounts, savings accounts, money market accounts, certificates of deposit, and credit cards, each with their own advantages, disadvantages, and best applications. In the following activity, use the hints to categorize both the features and uses of the various forms by each type of money. While paper money and coins are the most visible types of money, the combined value of all the printed bills and all of the minted coins is rather insignificant when compared with the value of money kept in checking accounts, savings accounts, and other monetary forms. 54 Read each statement when it appears and place the item in the correct box in the chart. Longer term, higher rates Pre-approved credit Features Uses Writing checks Delayed withdrawals Checking accounts Savings accounts Making purchases Immediate withdrawals Money market accounts Certificates of deposit Funds to cash Limited checks Credit cards Guaranteed interest rate More restrictions Pos 1 of 3 Next >