A demand deposit account is an account at a bank, credit union or other financial institution that lets you use or withdraw money whenever you want, without notifying the financial institution ahead ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Demand deposit accounts (DDAs) are the most common type of bank accounts, and most Americans have one or more of them. They provide easy access to your money, making them suitable for holding your ...