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What kinds of CD rates affect banking?

If a bank has a high CD interest rate, it will attract more customers to leave money in their bank. If the interest rates are too low, not many people would want to invest.


What do banks pay their savngs account customers?

Banks typically pay their savings account customers interest on the deposited funds, which can vary based on factors such as the bank's policies, prevailing interest rates, and the account type. This interest is often expressed as an annual percentage yield (APY). The rates can be relatively low compared to other investment options, but they provide a safe place for customers to store their money while earning some return. Additionally, some banks may offer promotional rates to attract new customers.


What types of incentives are effective in attracting customers to buy the industries products?

Low interest rates


What types of incentives are effective in attracting customers to buy the automotive industry's products?

Low interest rates


What benefits does american express give its customers?

American Express gives various benefits to customers. With American Express, you can get reduced travel rates, cash back, and low interest rates.


What are some popular credit cards that feature low rates for new members?

Many credit card companies will offer a low interest rate to new members to attract customers. Some of the most popular credit cards with low introductory rates are Citi Simplicity, Barclaycard Ring Mastercard and Capital One Platinum Preferred.


What is the current interest rate for a saving account?

Currently (2009), interest rates on savings accounts are very very low. Different banks have different interest rates. In India as of November 2011, the interest rates are 4% or above. banks can essentially set the rate of interest they choose to pay for money held in savings accounts to their customers


What will a low credit score potentially do to the interest rates for a loan?

A low score means a bad risk, and the interest rates will be higher.


Where can one obtain a personal loan with low interest rates?

Personal loans are available at HSBC bank with low interest rates. Other banks such as the co-operative bank can also provide you with a loan with low interest rates.


What would be best for customers who want to pay off the balance high interest credit card?

The best solution - would be a low-interest loan from a bank ! Bank interest rates are MUCH lower than credit cards.


Where can I obtain a pay day loan with low interest rates?

You can obtain a pay day loan with low interest rates from many places like a near by bank or by searching online to see which bank near you offer the beat low interest rates.


What are some low interest credit cards?

Low interest credit cards are credit cards that have low APR rates or a low introductory APR rate based on credit. They have low annual interest rates, which means, for a certain period of time, sometimes up to 21 months; after this period of time, interest rates will be based on credit worthiness.