Which type of bank account typically offers the least interest
Asked by maham237 @ in Business viewed by 400 People
Certificate of deposit
Checking account
Savings account
Money market account
Answered by maham237 @
Answer:
The answer is Checking account.
Explanation:
Traditionally, checking accounts are non interest bearing accounts that are primarily used for transactions and to pay expenses. Also the accounts allow cheques to be 7sed in the transactions as well.
However, there are special cases where checking accounts receive a small interest.
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