Sentences with phrase «earned on the deposit account»

You'll repay the money over a short period (typically 12 to 24 months) solely for the purpose of improving your credit, and then the money you earned on the deposit account can be withdrawn or reinvested.

Not exact matches

One of the biggest benefits of a savings account is the interest you can earn on your deposit.

While many high - yield interest checking accounts require you to make dozens of monthly debit card purchases in order to earn any interest, Radius Hybrid earns 0.85 % APY on deposits of at least $ 2,500.00 or more.

Just as the pack of gum that costs a dollar will cost $ 1.02 in a year, assuming 2 % inflation, a savings account that was worth $ 1,000 would be worth $ 903.92 after 5 years, and $ 817.07 after 10 years, assuming that you earn no interest on the deposit.

A money market account at your local bank can be a great way to protect your money while earning much higher interest rates based on how much you have to deposit.

Starting with the calendar month following when you open your Premiere Money Market account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions or direct deposit requirement from the previous calendar month.

Starting with the calendar month following when you open your Standard Savings account, and monthly thereafter, whether the account earns the variable Standard or Relationship Rate for the entire calendar month will be determined on the first of the month based upon the number of qualifying transactions or direct deposit requirement from the previous calendar month.

This means the money that sits in your checking account (such as your paycheck deposits and rent and utility funds) earns interest with no extra work on your part.

When you put money in a bank, you'll find that you earn different interest rates based on the type of deposit account you open and the institution you do business with.

While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.

You won't need to meet a minimum opening deposit requirement with Ally Interest Checking, a free online checking account that also happens to earn at least 0.10 % APY on any balance level.

For example, Citibank customers can earn 450 points for each billing period in which they're using the direct deposit and bill payment features on a Citibank checking account.

Under the Taobao - Yu» e Bao program, buyers who use their Yu'e Bao accounts to make online deposits of up to RMB 50,000 ($ 8,155) with participating developers will continue to earn interest on the funds — which stay in their Yu'e Bao accounts — until sales are finalized.

It includes the obvious, such as what you earned on that money you put aside in a bank or money market account, as well as on a few not - so - obvious sources: bonds, loans you made to others and even that piddling little amount your home lease security deposit brought in.

However, there is only one account offered at Simple: a checking account that earns just 0.01 % APY and has significant limits on how much you can deposit.

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Subsequent to this judgment, the B&ECPL continued the above established practices for this account and on May 18, 2006 adopted Resolution 2006 - 19, which provided the B&ECPL Director or designee the authority to periodically transfer balances from the Encore Editions bank account to the B&ECPL Trust Account on deposit with the Erie County Comptroller to earn interest until such time as they are needed for the uses identifiedaccount and on May 18, 2006 adopted Resolution 2006 - 19, which provided the B&ECPL Director or designee the authority to periodically transfer balances from the Encore Editions bank account to the B&ECPL Trust Account on deposit with the Erie County Comptroller to earn interest until such time as they are needed for the uses identifiedaccount to the B&ECPL Trust Account on deposit with the Erie County Comptroller to earn interest until such time as they are needed for the uses identifiedAccount on deposit with the Erie County Comptroller to earn interest until such time as they are needed for the uses identified above.

Think about the amount of interest earned on tens — or even hundreds — of thousands of dollars deposited in a high yield escrow account for four to six months or longer.

Savings accounts combine convenience with a chance to grow your money by earning interest on deposits.

To maintain your checking account and avoid earning black marks on your credit history by defaulting on a bank account, you must keep track of your checks, debit card uses, and deposits to make sure that you keep a positive balance.

And depending on what deposit account you have, you may also be able to earn ThankYou ® Points if you pay your loan from that account.

On the flipside, you can make unlimited deposits and earn the highest savings account interest rate possible!

Goldman Sachs Bank's Marcus High Yield Online Savings account earns 1.70 % APY on any amount you deposit, with no monthly minimums or maintenance fees involved.

While many high - yield interest checking accounts require you to make dozens of monthly debit card purchases in order to earn any interest, Radius Hybrid earns 0.85 % APY on deposits of at least $ 2,500.00 or more.

However, even the base rate of 0.10 % compares well to the majority of standard checking accounts, which usually earn very low or no interest on deposits.

The annual percentage yield (which is the annualized amount of interest you can earn on a deposit), is usually higher than what you can earn with a traditional savings account.

The taxation of dividends is less than interest earned on bonds or certificates of deposit so that is one very good reason why dividends are attractive to an investor in a taxable investment account.

The minimum initial deposit you make on the card is $ 250 is held in a USAA Bank 2 year interest - bearing Certificate of Deposit (CD) account, so the more money you devote to your credit limit, the more dividends you can earn.

You won't need to meet a minimum opening deposit requirement with Ally Interest Checking, a free online checking account that also happens to earn at least APY on any balance level.

The Deposit Cash Account (DCA) program is a bank deposit program that provides you the option to «sweep» uninvested cash balances in your SAM account to an interest - bearing FDIC - insured deposit account, allowing your account to earn a return on these cash baAccount (DCA) program is a bank deposit program that provides you the option to «sweep» uninvested cash balances in your SAM account to an interest - bearing FDIC - insured deposit account, allowing your account to earn a return on these cash baaccount to an interest - bearing FDIC - insured deposit account, allowing your account to earn a return on these cash baaccount, allowing your account to earn a return on these cash baaccount to earn a return on these cash balances.

With no minimum balances to open the account or monthly maintenance fees to worry about, you can focus on making deposits to earn high interest rates on your balance.

Similarly, I have always directly deposited my paycheck into a savings account so that I could earn interest on my money before paying bills.

Most of us don't get that giddy feeling after making a deposit with the so - low - it's - not - even - worth - it interest earned on traditional bank deposit accounts like savings accounts, money markets and certificates of deposit.

Some free checking accounts offer interest on deposits, so you can earn money by keeping your money in the bank.

So, with each month, your account earns interest on your principle (your deposit) and on the interest accumulating in the account.

When you put money in a bank, you'll find that you earn different interest rates based on the type of deposit account you open and the institution you do business with.

While you might be able to get around the fee by maintaining a minimum balance or scheduling direct deposits into your account, that's more work you have to do to earn interest on your savings.

If you've deposited $ 5,000 and your account pays 3 percent interest, each year you'll make at least $ 150 — and if you leave that interest in the savings account, interest will grow on the interest earned.

If you're trying to cash in on a new bank account bonus, using your credit card to make your initial deposit can pay off if you're earning double the rewards.

In case you don't know, interest checking accounts allow you to earn interest on your deposits.

And now, you will continue to earn a great rate of 1.75 % on new and existing deposits until October 31, 2018 when your account balance is $ 5,000 or more.

While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.

While you could keep your savings in a current account, if you choose to deposit your money in one of the many savings accounts available, these often come with customer benefits such as the opportunity to earn interest tax - free for example, the tax benefits will depend on the individual's circumstances.

Within this very broad definition, different types of time deposit accounts have different rules on how much interest you earn and how you can withdraw money.

Five Star Bank's CDARS ® (Certificate of Deposit Account Registry Service) and ICS ® (Insured Cash Sweep) products enable you to maintain FDIC Insurance on Deposits up to $ 50 million in a CD or a Money Market Account while earning competitive interest rates.

the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)

For example, Citibank customers can earn 450 points for each billing period in which they're using the direct deposit and bill payment features on a Citibank checking account.

A savings account is a time deposit account, which earns interest on the money you deposit.

All deposits in the account on any banking day, including Saturday, earn interest from the date of deposit

If the interest earned on your Notice Account is insufficient then the Early Withdrawal Charge will be deducted from your deposit and accrued interest, which may take your balance below the minimum interest earning balance.