0
In certain savings account plans they have rates of interest and the more you keep your money in there, the more money you get. This is so because they borrow your money temporarily to lend others but you still have credit for that money. So you will still have your money, but the bank will give you an interest for letting them borrow your money.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What the objective of a saving bank account main?
Saving money. Obviously
What happened to coast federal saving bank?
Money collectinc for the people
What does it mean when you put money into an account?
It means that you are saving some money in your own bank account.
Is a bank saving account a good place fo save money?
yes, hence the name saving account.
What are the advantages in saving money in the bank?
if you save your money in the bank you are quite sure if anything goes wrong (i.e robbery, fire-outbreak etc) the bank will replace it.
What the objective of a saving bank account main?
Saving money. Obviously
What is main objective of a saving bank account?
Saving money. Obviously
What does Money saving mean?
Saving money means you put money in a envelope or a bank account. "savings" Well you put it away and you don't touch the money and you keep adding money to the envelope or bank account
What is meant by motives of commercial bank?
saving the money
How to use the word saving in a sentence?
Saving can be used in a sentence many ways. For example you can use it referring it as saving money in the bank: How much money are you saving in your savings account?
What is Tangible Vs Tangible benefit?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
How do you find what happen to money from philadelphia saving fund society bank saving account?
i worked for this bank and have not received my vestyed money it's been ten yrs now
Tangible benefits vs intangible benefit?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
How can people save money besides in a saving account?
in a bank
What are the advantages of saving money in the bank?
There are numerous advantages of saving money in a bank for both the person saving the money and others. a. The money you save earns you interest income b. The money you save is lent out as loans to help out others c. The money you save can be withdrawn at any point in future to help you with your financial needs.
What is tangible vs intangible benefits?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
What happened to coast federal saving bank?
Money collectinc for the people
