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1. Money market rates

   Category: Resources/Articles

   ... earning interest similar to any savings account. The interest is the money which the bank pays you so that they can use your funds to loan other people. However this does not meant that you cannot have ... Thursday, 13 May 2010

2. What is interest rate?

   Category: Resources/Articles

   Interest is the amount or price that a person pays for the transitory use of funds of another person. The interest can also mean the payment which a person receives when they give up their willingness ... Thursday, 29 April 2010

3. Checking and Savings Account

   Category: Resources/Articles

   ... of interest. This higher rate comes from the fact that you are letting the bank use your money and in return the bank pays you a certain amount of interest depending on your funds held at set intervals. ... Thursday, 29 April 2010

4. Definition for savings and checking bank account

   Category: Resources/Articles

   ... accounts build up the interest on the balance being held but the savings account generally pays you more interest compared to checking bank accounts. Functions – Most people use checking bank account to ... Thursday, 29 April 2010