Want this question answered?
Prime Rate ---- the rate at which banks lend money to each other and the Federal Reserve lends money to banks
Discount rate
discount rate
If the Federal Reserve chairman says that overnight loan rate at the Discount Window will be raised, and reserve requirements of member banks will be raised, this in turn will effect interest rates of many kinds. Normally it means the prime rate of major banks to their prime customers will rise. This will also increase mortgage rates and all types of loans. The Fed does this to further its monetary policies. Normally, the Fed's action means it believes that economic activity in the economy needs to reduced to a certain extent.
The discount rate is the rate of interest that Federal Reserve Banks charge member banks for overnight loans. Currently the rate is.75%. There are rumors that the rate will rise a certain number of basis points near the end of February, 2014.
monetary policy
Prime Rate ---- the rate at which banks lend money to each other and the Federal Reserve lends money to banks
Discount rate
discount rate
Discount rate
discount rate
Tesco attracts new customers by offering discount codes upon checkout. Tesco also has a club card and a bank that only its customers can utilize. In order to use Tesco one must first be a member.
If the Federal Reserve chairman says that overnight loan rate at the Discount Window will be raised, and reserve requirements of member banks will be raised, this in turn will effect interest rates of many kinds. Normally it means the prime rate of major banks to their prime customers will rise. This will also increase mortgage rates and all types of loans. The Fed does this to further its monetary policies. Normally, the Fed's action means it believes that economic activity in the economy needs to reduced to a certain extent.
Store discount programs have been developed by stores to reward their loyal customers and to collect information about the purchases those customers make in order for them to better understand their sales demographic. Use store discount programs to your advantage by inquiring about them at stores you frequent and taking advantage of them whenever possible. Always inquire about any fees before signing up for a store discount program to avoid hidden fees. Once you are a member of a store's discount program, be sure to carry your membership information with you when shopping and use your membership to receive discounts at every available opportunity.
The approval of discount rates (interest rates at which member banks may borrow short-term funds from their Reserve Bank).
BJ's offers discounts to all its members. It does not appear however, that any special deals are given to new customers other than the typical discount for all members.
The discount is 20% for christian cycling club members