Is it 2% Daily,weekly,or Monthly.
Are our Deposits FDIC insured.
How about the ability to purchase large CD's with higher intrest and a early withdraw penelty.
How Does the intrest in the bank work?
Moderator: TheMachine
most banks figure their interest rates yearly. so if your bank gives you a 2% rate on a CD or money market and you put $100 in, you'll have $102 at the end of the first year.
FDIC depends on the bank. There's not a single bank within 20 miles of me that doesn't have FDIC insurance though, and I'm sure the same goes for you. This guarantees your deposits (up to $150,000) are backed by the U.S. government.
CD's work the same as regular checking accounts as far as interest goes. They're lucrative because they have higher interest rates but of course the downside is you can't touch the money until it matures.
p.s. If you have extra money, the best way to invest it is through the Braxter Scholarship Fund.
FDIC depends on the bank. There's not a single bank within 20 miles of me that doesn't have FDIC insurance though, and I'm sure the same goes for you. This guarantees your deposits (up to $150,000) are backed by the U.S. government.
CD's work the same as regular checking accounts as far as interest goes. They're lucrative because they have higher interest rates but of course the downside is you can't touch the money until it matures.
p.s. If you have extra money, the best way to invest it is through the Braxter Scholarship Fund.
2% every 12 hours
Pyrella - Illusionist - Leader of Ixtlan on Antonia Bayle
if you were walking around and you came upon a tulip with tits, would you let it be for the rest of the world to enjoy.. or would you pick it and carry it off to a secluded area to motorboat them?
-Cadalano
if you were walking around and you came upon a tulip with tits, would you let it be for the rest of the world to enjoy.. or would you pick it and carry it off to a secluded area to motorboat them?
-Cadalano
I think I only got 3% yesterday... I want my fuckin' dividends, bitch, or I'ma send Britney and Suge Night over yo' house with a with a pair of pliers and a blow torch.pyrella wrote:2% every 12 hours
You hear me talkin' hillbilly boy?!?! I ain't through with you by damn sight. I'm gonna get medieval on your ass.
THE LARGE PRINT GIVETH
The fine print taketh away.
The fine print taketh away.
