What are interest rates in a savings account?
April 6, 2008 by admin
Filed under Questions and Answers
lalalalala asked:
I have a savings account but im confused on what interest rates are like is it the money your bank puts into your account or what? I want to have that where the bank puts money into your savings account idk what it’s called though.
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I have a savings account but im confused on what interest rates are like is it the money your bank puts into your account or what? I want to have that where the bank puts money into your savings account idk what it’s called though.
Content
Tim on Wed, 9th Apr 2008 1:30 am
Thats the rate at which you “earn” money in your account. If you have a savings account, you earn some money. Not much unless you have tons of money in your account.
vortex_sanjose on Wed, 9th Apr 2008 6:17 pm
1.4% for ingdirect.com