Sentences with phrase «usually premium accounts»

The few checking accounts that do earn interest are usually premium accounts that require large amounts of money to open or to waive the account fees charged by the bank each month.

Not exact matches

Your payments usually include a sum for property taxes and homeowners insurance premiums, which goes into an escrow account.

Some places offer premium checking accounts that do earn interest, but their rates are usually too low to make up for the higher fees and minimums.

Even these accounts don't usually come close to the rates offered online, but if you also have investments and loan accounts to consider, it might be easier to open a premium savings account at a major national bank that lets you integrate all your finances.

Banks usually prefer escrow accounts because it assures them insurance premiums and real estate taxes are up to date.

For premium brokers, the account opening requirements is usually higher and often beyond the financial capability of the small retail trader.

For example, usually the month of July will account for 20 % of your total premium for the year, but the month of October will only account for 5 %.

You can change the death benefit the premium you pay and the interest in the cash value account grows at an amount subject to market conditions (there is usually a guaranteed minimum though).

Most whole life policies can be surrendered at any time for the cash value amount, and income taxes will usually only be placed on the gains of the cash account that exceeds the total premium outlay.

Whole Life policies are also popular because of their guarantees which are usually available through the premiums and a guaranteed interest rate return on your cash value account.

This type of account usually has larger premiums, but you are allowed to borrow against your policy if needed and you can cancel it at anytime.

They usually also accumulate cash value which can then be paid out in dividends or applied to your account as a payment against your premium.

However, after the initial premium payment you can usually change the payment method and switch to an account in your name.