Can someone please explain to me the way this works?
I understand the additional interest, but are there any drawbacks?
Thanks in advance,
Marlo
Romney '12
(2012.Feb.01 06:55 PM)Marlo Wrote: [ -> ]Can someone please explain to me the way this works?
I understand the additional interest, but are there any drawbacks?
Thanks in advance,
Marlo
Romney '12
it's harder to get to? and the money in it doesn't count towards housing
What does, "it's harder to get to? " mean?
Thanks for keepin' it dumb for me too, it takes me a while to pick up on things
There is no access from UI.
You must go through Explore/Second Bank
Or make a tab for it,,,
So there are no restrictions on the amount you can withdraw at any time?
Just like normal bank. But, higher interest.. and "harder" to get to
You can withdraw anytime, no restrictions
Everything I needed to know!
Thank you kindly, good sir.
Best Regards,
Marlo
Romney '12
its from .27% daily to .31% daily.
OOooOoOOOOOOOooooO
w/e i'll use it..
Idea
lets increase the interest rates to something useful, but when we deposit money into it, we cant touch it for, say 3 months - 6 months.
therefore it will accumulate interest, but your money is tied up while it does.
(2012.Feb.02 10:29 AM)HeadBustin Wrote: [ -> ]Idea
lets increase the interest rates to something useful, but when we deposit money into it, we cant touch it for, say 3 months - 6 months.
therefore it will accumulate interest, but your money is tied up while it does.
i like this, like a rrsp, higher interest but a heavy penalty for early withdrawl.