Want this question answered?
The standard interest rate on an interest bearing checking account at a Chase bank is 0.01%. They have a variety of checking accounts with the same interest rate or less.
Annuity
"Yes, Midfirst Bank offers several business and personal savings accounts at varying rates. The Titanium Money Market Savings account, for example, has an interest rate of up to 0.0548%."
Sometimes, for example if you hold the main account then probably. But if the account is hers, and only hers (no cosigner) then probably not.
Your status as executor has no bearing as to whether you have access to your mother's finances while she is living. Additionally, whether you live with your mother or whether she has debts or not has no bearing as to whether you have access to her finances. What you need is a power of attorney. That being said, if you are also named on your mother's bank account as an account owner, then you have full access to write checks on that account just like she does. Be careful that you are not listed as TOD (Transfer on Death) or POD (Pay on Death) though instead of an actual account owner. Those who are listed as TOD or POD have no right to the account funds until the account owner dies.
Noninterest-bearing deposits are funds held in a bank account that do not earn any interest for the depositor. These deposits typically include funds in checking accounts and some types of demand deposit accounts. Unlike interest-bearing deposits, noninterest-bearing deposits do not generate any additional income for the depositor.
Typically deposits in checking accounts.
principal
An Interest bearing account is a bank account in which, the banks pays you an interest for keeping your money deposited in that account. Ex: Savings Bank Account - You usually get around 3.5% rate of interest on the money you hold in your savings account in India.
what are the example sof antifriction bearing
Confidentiality (in the context of personal information for example) is vital to protect vulnerable people and information from general viewing by people to whome the information has no bearing. An example would be a persons bank account.
Unfortunately, the only words that rhyme with High Interest are "Disinterest" and "Noninterest".
* * * * * * * * * * == ==
An interest bearing account can be allowed withdraws immediately, like a regular checking account. A NOW account generally requires a seven day notice before money can be withdrawn. So they're similar, only one requires a notice to get money out of.
yes
only if you own waffles
In todays world many checking accounts carry a monthly service fee. Of course, printed checks also cost you money. An interest bearing checking account can pay you and offset the expenses of having the account.