What is better ATM or Passbook?

Philippines
August 24, 2010 4:32pm CST
Guy's what is better for you to save money? Using ATM or Passbook?
4 responses
@shia88 (4582)
• Malaysia
25 Aug 10
Hi, For me, It is more convenience to have an ATM card at my side, so anytime I need cash, I just need to go to ATM machine to withdraw some money out. It is impossible for me to bring along my passbook all the time when I am out. Some saving account only have monthly statement,without passbook and for atm card,it is up to your own choice. In Malaysia,if you need to have an atm card,you need to pay extra yearly fee for the atm card,sorry..i can't remember how much is the yearly fee for the atm card. So it is best not to hold too many accounts in bank with atm card,or else,you might end up paying for the atm card fee. Not worthy.
• Philippines
28 Aug 10
ATM and PASSBOOK is good for us but we have choices what savings account do we need to use. either atm or a passbook. I thin these two savings account have an advantage and disadvantages. So, we need to be extra careful about it. thanks for sharing your comments with us and have a nice day ahead Godbless
@iyah10 (4116)
• Kuwait
24 Aug 10
I do prefer both because they all have their own usage for Savings as of ATM card is useful at anytime convenience for you especially when it is in "Emergency cases" you can take your money without any hassle but and for Passbook is so good as well for they have a time limit for you to access your withdrawal in office time but on my opinion you can save in anyways if u really like to saved your money at all.
• Philippines
28 Aug 10
I think you are right. It is better to have this two savings account so that you can either user one of them always. And you also have a good in saving money because your money have interest every month. thanks for sharing your comments with us and have a nice day ahead Godbless
@phepcy (25)
• Philippines
24 Aug 10
i prefer ATM.. because much easier to withdraw cash anytime, anywhere.
• Philippines
28 Aug 10
Yeah, you have a point phepcy. AtM is the best because wherever we go, we can withdraw even if we are in the mallsas long as they have an ATM outlet there. Nothing is impossible if we have our ATM. We can have our money easier. Thanks for sharing your comments here and have a nice day ahead. Godbless
• Philippines
18 Jul 12
If the goal is saving, I prefer passbook. Actually I am a holder of both ATM and passbook. I use ATM everywhere and I always carry it with me everyday. But my passbook is used for savings. I have allocated some amount to be credited at the passbook. Passbook does not have many movements. For safer shopping, I need my ATM but to see if I have savings, I need my passbook.