"Are there any credit cards that pay interest like a savings account?

"Are there any credit cards that pay interest like a savings account?
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Answer :

You mean a debit/credit card? I have one of them.
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If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, while investing the money at 10% annual interest during this time. b. pay within the discount period and recognize a savings. c. pay within the credit period but don't take the trouble to invest the cash while waiting to pay the bill. d. recognize that the supplier is desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.

Description : If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, while investing the money at 10% annual interest during ... desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.

Last Answer : b. pay within the discount period and recognize a savings.

Which would be better to do, pay of a closed credit card that is at a good rate or pay off the open credit card that has a much higher interest rate Both cards have a large balance.?

Description : Which would be better to do, pay of a closed credit card that is at a good rate or pay off the open credit card that has a much higher interest rate Both cards have a large balance.?

Last Answer : It is better to pay off the open card that has the higher interest rate.

are credit cards better than savings accounts?

Description : are credit cards better than savings accounts?

Last Answer : Some people are able to control their spending habits while using a credit card, and pay off their balance each month without penalty. If you are discipline enough to do so, there are advantages ... these points with having an interest-free loan each month, having a credit card is worth considering.

Cheap Money means - (1) Low Rate of Interest (2) Low level of Savings (3) Low level Income (4) Excess of Black Money

Description : Cheap Money means - (1) Low Rate of Interest (2) Low level of Savings (3) Low level Income (4) Excess of Black Money

Last Answer : (1) Low Rate of Interest Explanation: Cheap Money' is a loan or credit with a low interest rate, or the setting of low interest rates by a central bank like the Federal Reserve. Cheap money ... see the same low interest rates on investments like savings accounts, money market funds, CDs and bonds.

Savings rate is relatively low in developed economies because of - (1) Low per capita income (2) Welfare programmes (3) Liquidity/ Borrowing constraint (4) High interest rate

Description : Savings rate is relatively low in developed economies because of - (1) Low per capita income (2) Welfare programmes (3) Liquidity/ Borrowing constraint (4) High interest rate

Last Answer : (2) Welfare programmes Explanation: As a general rule, saving is considered as a derivative of consumption. Developed economies have lower saving rates than developing countries because ... generations raises national consumption and lowers national saving (The Concise Encyclopedia of Economics).

As the number of investments made by a firm increases, its internal rate of return - (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

Description : As the number of investments made by a firm increases, its internal rate of return - (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will ... the firm for the current consumption foregone. (4) increases because the level of savings will fall.

Last Answer : (3) increases to compensate the firm for the current consumption foregone. Explanation: Internal rates of return are commonly used to evaluate the desirability of investments or projects. The higher a ... of return is greater than an established minimum acceptable rate of return or cost of capital.

An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Description : An increase in interest rates (a) is likely to reduce savings (b) is likely to reduce external value of currency © Leads to a shift in the MEC schedule (d) Leads to a movement along MEC schedule.

Last Answer : (d) Leads to a movement along MEC schedule

Savings rate is relatively low in developed economies because of (1) Low per capita income (2) Welfare programmes (3) Liquidity/Borrowing constraint (4) High interest rate

Description : Savings rate is relatively low in developed economies because of (1) Low per capita income (2) Welfare programmes (3) Liquidity/Borrowing constraint (4) High interest rate

Last Answer : Welfare programmes

As the number of investments made by a firm increases, its internal rate of return (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

Description : As the number of investments made by a firm increases, its internal rate of return (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall ... firm for the current consumption foregone. (4) increases because the level of savings will fall.

Last Answer :  increases to compensate the firm for the current consumption foregone.

Is it normal to get $0.01 interest on $750 savings account?

Description : Is it normal to get $0.01 interest on $750 savings account?

Last Answer : Sounds normal. Interest rates are so flipping low. You could shop around for a higher rate somewhere.

What type of savings institution pays the most interest on a savings account?

Description : What type of savings institution pays the most interest on a savings account?

Last Answer : In the US, there are all sorts - like dozens and dozens - of banks that are offering 2.50 or 2.60% on money these days. Go to https://www.bankrate.com and click on either Savings ... but there are some mild restrictions on how many transactions per month. Really easy to find alternatives these days.

What is an average interest payment on a savings account?

Description : What is an average interest payment on a savings account?

Last Answer : I was told that my interest is half a percent per month if I don’t take any out. I was told that when I reach a minimum of $5,000 a month that my savings interest would be 1.5 percent if I switch to a high interest savings account.

What is the interest for a typical savings account on $5,000?

Description : What is the interest for a typical savings account on $5,000?

Last Answer : Edit I just called the bank. It is $3.50 a month. $42 a year.

Whats the highest savings account interest rate, and CD interest rate, you know of?

Description : Whats the highest savings account interest rate, and CD interest rate, you know of?

Last Answer : For savings I use smartypig.com. It works great.

what Calculate the new balance after one year on a savings account if the previous balance was $230.10 and the interest rate was 4%.?

Description : what Calculate the new balance after one year on a savings account if the previous balance was $230.10 and the interest rate was 4%.?

Last Answer : 239.3

When Valentina invested 6500 in a savings account with a yearly interest of 4 for 7 years how much simple interest did she earn?

Description : When Valentina invested 6500 in a savings account with a yearly interest of 4 for 7 years how much simple interest did she earn?

Last Answer : 1,820-apex test answer

What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Description : What has cidney savings account with National Bank. She earns 4 interest compounded yearly on 1250.00. What amount will she receive in interest in three years?

Last Answer : What is the answer ?

What are the interest rates for a savings account from Chase bank?

Description : What are the interest rates for a savings account from Chase bank?

Last Answer : Chase currently offers an interest rate of .5 on their savings accounts. These are not high rates.

Why do bank savings account interest rates change over the years?

Description : Why do bank savings account interest rates change over the years?

Last Answer : The interest rate at which they lend out money changes, which changes your interest rate. Banks are a buisness and if their interest rates are lower then your interest rates, they make no ... pay to the govenrment changes. Whnever the federal reserve rate changes,your interest rates can change.

Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

Description : Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

Last Answer : Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.

What banks offer a High Interest Rate Savings Account in Wilmington, NC?

Description : What banks offer a High Interest Rate Savings Account in Wilmington, NC?

Last Answer : You have several banks to choose from for a good rate. I would use Bank of America.

Which bank in has the highest interest in checking and savings account?

Description : Which bank in has the highest interest in checking and savings account?

Last Answer : Karnataka bank in India has highest interest in savings account. For the amount kept between 7 to 45days you get 4.5% as interest

Where can I find an interest calculator for my savings account?

Description : Where can I find an interest calculator for my savings account?

Last Answer : Financial institution sites such as banks offer different form of calculators to help you manage your finances. Fanniemay, Chase, and Citi bank offer a lot of calculator tools to help you.

Where can I find a compounded interest calculator to help me calculate yields for a savings account?

Description : Where can I find a compounded interest calculator to help me calculate yields for a savings account?

Last Answer : You can find that type of calculator on most large banks websites such as Bank of America or Citi. They allow you to see what your money would be like after a certain time with a certain interest rates.

Where is the best place to find a high interest savings account?

Description : Where is the best place to find a high interest savings account?

Last Answer : There are very few banks with high interest savings account. At best you can get an account with abotu 1% to 2% interest. Ally bank offers accounts and CDs with these rates and at times have specials for 5% lock in rates.

Banks can not generally accept interest-free deposits. which of the following is an exception to this rule? A. Current Account B. Savings Account of Minors C. Deposit from Minority groups D. BSBDA E. None of the Above

Description : Banks can not generally accept interest-free deposits. which of the following is an exception to this rule? A. Current Account B. Savings Account of Minors C. Deposit from Minority groups D. BSBDA E. None of the Above

Last Answer : A. Current Account Explanation: Banks cannot accept interest free deposits other than in current account.

2. Which of the following is a component of M-1? a. savings deposits b. credit card c. checkable deposits d. gold

Description : 2. Which of the following is a component of M-1? a. savings deposits b. credit card c. checkable deposits d. gold

Last Answer : c. checkable deposits

6. Which of the following is the most liquid? a. a savings account b. a 6 month CD c. a home d. water

Description : 6. Which of the following is the most liquid? a. a savings account b. a 6 month CD c. a home d. water

Last Answer : a. a savings account

2. Which of the following groups is most hurt by unexpected inflation? a. workers with cost of living adjustments in their labor contracts b. homeownersc. people with large debts to pay for their homes and carsd. people with large retirement savings held in savings accounts

Description : 2. Which of the following groups is most hurt by unexpected inflation? a. workers with cost of living adjustments in their labor contracts b. homeowners c. people with large debts to pay for their homes and cars d. people with large retirement savings held in savings accounts

Last Answer : d. people with large retirement savings held in savings accounts

Does anyone have any suggestions for good credit cards (good rewards program, low interest, etc.)?

Description : Does anyone have any suggestions for good credit cards (good rewards program, low interest, etc.)?

Last Answer : I LOVE my JetBlue American Express Card. Now, I take a vacation every year and my flight is always free.

Are there any credit cards available with a permanent 0% interest rate?

Description : Are there any credit cards available with a permanent 0% interest rate?

Last Answer : No, there are no credit cards available with a permanent 0% interest rate. You can however get the low interest rates one at www.which4u.com.au/credit-cards/lowest-interest-rate -

Which credit cards have the lowest interest?

Description : Which credit cards have the lowest interest?

Last Answer : There are many credit companies offering low and competitive interest rates, which depend on the individual's credit rating. Some of the best companies are Citi Simplicity and Slate from Chase. ... Other companies with low and/or competitive rates are BarclayCard MasterCard and the Discover It Card.

What interest do department store credit cards charge?

Description : What interest do department store credit cards charge?

Last Answer : Department store credit card interest rates very from store to store. The rates could be as low as 10% and as high as 30% per year. Check with each individual store.

What companies offer interest-free credit cards?

Description : What companies offer interest-free credit cards?

Last Answer : Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards

Do banks offer interest free credit cards?

Description : Do banks offer interest free credit cards?

Last Answer : Collecting interest is how a lender makes its money. While it is not in a bank's best interest to issue "interest free" credit cards, most do extend such offers for limited periods of time. For example, ... interest-free. The best way to avoid interest on a credit card is to pay it off each month.

If you had just enough money in your savings account to pay off your house, would you?

Description : If you had just enough money in your savings account to pay off your house, would you?

Last Answer : It would depend on the interest rate, @chyna, and other things like they type of loan, how much equity I had in the house, amount of mortgage payment, value of the home…

how can i get free money to pay off my credit cards?

Description : how can i get free money to pay off my credit cards?

Last Answer : how can it get free money to pay off my credit cards

How can there be enough money to pay for credit default insurance if the general rate of interest is too low to cover the risk of the loan?

Description : How can there be enough money to pay for credit default insurance if the general rate of interest is too low to cover the risk of the loan?

Last Answer : It has to do with fractional reserve banking and the extensive money (whatever that is) which is created by selling debt. Debt multiplies money held in reserves. The actual worthless paper dollars ... but I imagine their debt is insured by the same companies as the bank. Companies like AIG.

Multiplier process in economic theory is conventionally taken to mean: (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

Description : Multiplier process in economic theory is conventionally taken to mean: (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

Last Answer : (3) income of an economy grows on account of an initial investment Explanation: In economics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in ... of the U.S. money supply, and MO as a measure of the U.S. monetary base.

Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

Description : Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

Last Answer : income of an economy grows on account of an initial investment 

What is the interest rate on savings deposit ?

Description : What is the interest rate on savings deposit ?

Last Answer : Interest rate on savings deposit is about 8%.

Interest or Profit in Cash Savings ?

Description : Interest or Profit in Cash Savings ?

Last Answer : It will not be of interest. That is profit.

When Compared to basic savings accounts CDs are liquid and have interest rates?

Description : When Compared to basic savings accounts CDs are liquid and have interest rates?

Last Answer : more; lower

What You Might Not Know About High Interest Savings Accounts?

Description : What You Might Not Know About High Interest Savings Accounts?

Last Answer : In a competition to increase the number of account holders, many banks are offering high interest savings accounts. Offering these accounts to customers benefit banks because they are able to lend out ... high interest savings accounts require a minimum fee to open an account, and minimum monthly

What kind of interest could I get on money market savings accounts now?

Description : What kind of interest could I get on money market savings accounts now?

Last Answer : You can get below 0.1% of interest on money market savings accounts now. You can ge the rates at www.PersonalSavings.AmericanExpress.com or www.citibank.com/savings

Who has the best interest rates for a business savings accounts?

Description : Who has the best interest rates for a business savings accounts?

Last Answer : BLOCKFI DEALS BlockFiBlockFi offers crypto interest-earning accounts with up to 8.6% APY. This allows clients holding crypto like Ether to earn compounding interest. BlockFi also offers low-cost USD loans ... capital without selling. You can purchase the product via the following link: 2u.pw/W4UF2

What banks in the Chicago area offer savings accounts with the best interest rates?

Description : What banks in the Chicago area offer savings accounts with the best interest rates?

Last Answer : wwww.bankaholic.com gives readers an extensive look at all current savings accounts offered by all major banks and credit unions. On this site, you will be able to find the ever-changing interest rates, as well as reviews on many banking institutions in the Chicago area.

Which banks are offering the best high interest savings accounts at this time?

Description : Which banks are offering the best high interest savings accounts at this time?

Last Answer : According to Bankrate.com the best savings account interest rates are currently at Capitol One Direct, Discover Bank and Ally.com. The best rates are now at internet based banks, but so long as they're FDIC insured that shouldn't worry you too much.

What are the best savings accounts that offer a high interest yield over the long term?

Description : What are the best savings accounts that offer a high interest yield over the long term?

Last Answer : If you visit bankrate.com, you will find which bank account has the highest rate on a given day. Frequently, online banks (Ally Bank, ING Orange and the like) offer good rates on savings. That being ... The best rates can be had with a virtual savings account and a high deposit like www.Ally.com .