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what is the interest on£ 50,000 with Halifax guaranteed reserve

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13y ago

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Current interest rate for Halifax guaranteed reserve?

I don't have access to real-time data, so I recommend checking Halifax's official website or contacting their customer service for the most up-to-date interest rates on their guaranteed reserve accounts. Interest rates can vary based on market conditions and specific account terms.


Do you earn interest on a current account?

No, you typically do not earn interest on a current account.


Is the interest on current account higher than that of the saving account?

Of course not,current account does not have any interest,due to the withdrawal of the money for business at any time.


Interest on saving account and current?

Interest on Savings acc = 3 - 4% Interest on current acc = 0%


What is the current account of Halifax weather?

If you take a look at the Halifax Bank website, you can find information regarding their current accounts. They even offer you 100 GBP if you switch accounts to one of theirs.


What is the current interest rate offered by Robinhood for their cash management account?

The current interest rate offered by Robinhood for their cash management account is 0.30.


How can i Know whether current account provide same interest like saving account in UAE?

A current account is an account where the level of activity is far more than savings. It is often referred to as a check in account and is made to do frequent transactions as a result most of the times it does not have balance in it. In such cases, current account in banks in does not offer any interest on the account balance . They are 0 interest accounts.


What type of bank account typically offers no interest rate?

A current account.


What if Jennifer deposited 10000 in an account that earns compound interest. The annual interest rate is 8 and the interest is compounded 2 times a year. The current balance in the account is 10?

No. If the account is earning interest the current amount should be greater than the initial deposit.


What does a variable interest rate on my current bank account imply?

A variable interest rate on a current bank account would imply that the interest rate fluctuates over time. Market conditions will determine the value of the interest earned.


What are some current account interest rates?

Depends on the countries, current account interest rates can be different. For example, one bank can have a 0.35% where other bank has a rate of 0.5%.


What are the advantages of having a current account plus?

Current account plus is a good option for customers as it has a tiered interest rate. The higher the balance, the more interest the customer earns. It also has a joint account facility.