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Can you please find me just ONE example of a savings account where putting your money in a safe for a year would be a better option?

Wells Fargo's Platinum Savings Account will cost you $12 per month in service fees if you do not maintain a $3,500 minimum daily balance

So using this example, if the original poster opened an account with $500 and deposited $500 monthly, it would take 8 months with service fees of $96 and then 4 months of no service fees before using this money for a down payment on a car.

Not sure how much interest that money would typically make in those 12 months, but I'm pretty sure it would be less then the money withdrawn by the bank for the service fees. So scenarios like this, you would be better off putting that money in a safe for the 12 months.

ok, you found hindsight I guess I didn't set the bar very high. On the very same page from Wells Fargo that you find that account, you also find a savings account with a $5 fee that is waived with a $300 daily balance.

So I guess if you were financially ignorant enough to only find the account with a $12 fee your option of putting it in a safe would be reasonable...but then what about remembering the combination if you are that bad with numbers?
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