<prompt> Human: I know you guys love details but theres not much to put here. Were looking to buy a house in the next six months so most of our cash cache will be going to that. My wife thinks we should open a savings account to hold our down payment, but to me it seems simpler just to let the 20 grand accumulate in our checking admittedly forgoing the 0.1 interest or whatever it is Chase is offering us on a savings account. Thoughts?  <response>: I dont see anyone mentioning this, so I will.Assuming you have overdraft protection disabled, keeping your money in a separate savings account ensures that somebody with your debit card or account number cannot drain all your money. If you use ATMs in places where they might have skimmers installed, this could potentially be important. Of course, youre likely to get most of your money back anyways, but in the interim you have money in a savings account that someone with your ATMdebit card information cannot touch. 