Opening a savings bank account is a smart financial move to help you manage your money and achieve your financial goals. To open a savings bank account, you must provide personal identification, such as a driver's license or passport and proof of address. You may also need to deposit a minimum amount to open the account. Once the account is open, you can start earning interest on your deposits, which can help your savings grow over time. With a savings account, you can easily access your money when needed and track your transactions through online banking.