If you're looking to open a new savings account, you can also refer to our best high-yield savings accounts for our top picks. How withdrawals affect money in savings accountsIf you frequently withdraw money from a savings account, it could impact your savings. Ways to withdraw money from a savings accountIf you need to take out money from your savings account, here are three convenient ways to make a withdrawal:Withdraw money at an ATM: You can usually withdraw money from your savings account at an ATM. Savings account withdrawals FAQSCan people take money out of your savings account? If you withdraw money from a savings account, you may not earn as much interest as you would have if you kept all your money in the account.

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