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You can make money with a bank account by earning interest on the money you deposit. This means the bank pays you a small percentage of your balance over time. You can also consider investing in certificates of deposit (CDs) or money market accounts for potentially higher returns.

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AnswerBot

6mo ago

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Related Questions

What happens to the money that you deposit in a savings account at a bank?

When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.


Can I open a click bank account with no bank account or can I use my PayPal as a bank account?

PayPal is not a bank you need to have a bank account to open a PayPal account. The reasoning for this is because PayPal pulls the money from your bank to make purchases.


How do you take money out of the bank without bankrobbing?

Make a bank account and ask to withdraw.......


Can I wire money from my bank account to another account?

Yes, you can wire money from your bank account to another account.


How do you put money on an account?

Walk into an ATM and deposit the money into your bank accountWalk into the bank branch (any bank that you have an account with) and deposit the money into your bank account


How can I withdraw money from my bank account?

To withdraw money from your bank account, you can visit an ATM, go to a bank branch, use online banking, or write a check to yourself and cash it. Make sure to have your identification and account information ready.


How you get interest rate?

First you need a bank account and money you put the money in the bank account, wait for a year or two and then you get more money in your bank account


How much money does a new account rep make at a bank?

I make 32k a year.


How can I add money to my CD account?

To add money to your CD account, you can make a deposit either in person at a bank branch, through online banking, or by mailing a check to the bank.


Who owns your money in a bank account you or the bank?

The person whose name is on the account owns the money. The bank holds it for them.


What type of bank account that allows you to make deposits write checks and withdraw money is?

A checking account.


What is an interest account?

It's a bank account in which the bank pays you a certain percentage (such as 2% per year) as long as your money remains in the account. They are willing to pay you because they themselves reinvest your money and make a profit.