Is it better to use checking or savings in PayPal?

What is the use of having a checking account if you already have a savings account?

• A checking account has a lower interest rate. Is the sole purpose of a checking account in this case is to allow a larger number of monthly transcations? But if you don't deposit all your cash to your savings account and leave some pocket-money instead, that defeats the purpose of a checking account, right? I just don't understand why someone should set a checking account if s/he has a savings account

• Answer:

  In the olden days, like before internet banking, people managed their bank accounts differently. You wrote checks more often, and you had to make sure you had enough money in your chequing account to cover your bills. You might have used a savings account to sock money away. Today, my opinion is that banks still offer "chequing" and "savings" accounts for historical reasons, and not because they reflect the way people bank today. So I think you are asking a valid question and are right to feel a bit confused. My suggestion is to figure out what you want to do with your bank account, and how and where you want to save money, and then shop for the lowest-fee account available.