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The pathetic interest earned of a bank deposit
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[QUOTE="Caramelle, post: 206831, member: 150"] [JUSTIFY]Well, the central bank will probably not be able to do something about the low interests rates on savings deposits as it has also mandated the reduction in the interest rates that credit cards can charge. When you save money in savings accounts or time deposits, it's like entrusting the money to the bank's safekeeping for free. Some banks have even lowered their interests rates to .10% per annum. Yeah, it's pathetic, that's why these accounts are not really fit for smart investing. Still, time deposit accounts that earn above-average interests if kept for a longer period deserve some consideration.[/JUSTIFY] [/QUOTE]
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The pathetic interest earned of a bank deposit
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