What interest % does your bank give you a year

Discussion in 'General Chat' started by DharmaSeo, Sep 6, 2008.

  1. #1
    i get 3.4% on mine a year

    what about u guys?
     
    DharmaSeo, Sep 6, 2008 IP
  2. shamkabir

    shamkabir Active Member

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    #2
    My bank give me 4% for Saving account.
     
    shamkabir, Sep 6, 2008 IP
  3. FaceJolt

    FaceJolt Guest

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    #3
    4.5% savings account
     
    FaceJolt, Sep 6, 2008 IP
  4. DharmaSeo

    DharmaSeo Peon

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    #4
    wow thats good

    where?
     
    DharmaSeo, Sep 7, 2008 IP
  5. boredgames

    boredgames Active Member

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    #5
    My saving account gives me 4.5% also.
     
    boredgames, Sep 7, 2008 IP
  6. doctoromar83

    doctoromar83 Peon

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    #6
    my bank give me 11%
     
    doctoromar83, Sep 7, 2008 IP
  7. paulo_aiello

    paulo_aiello Active Member

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    #7
    .60 to .70 / month
     
    paulo_aiello, Sep 7, 2008 IP
  8. kingofsanda

    kingofsanda Peon

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    #8
    My bank gives me 4% interest per year.
     
    kingofsanda, Sep 7, 2008 IP
  9. tendulkar2

    tendulkar2 Banned

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    #9
    I also have a savings account..and my bank gives 1% interest every month.
     
    tendulkar2, Sep 7, 2008 IP
  10. DomainCo.US

    DomainCo.US Well-Known Member

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    #10
    1% per annum. banks here in RP sucks
     
    DomainCo.US, Sep 7, 2008 IP
  11. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #11
    My bank giving me 3.5% per year on savings account and 10% on Fixed Deposit (they increased FD interest few days back) ;)

    DON.
     
    deluxdon, Sep 7, 2008 IP
  12. guerilla

    guerilla Notable Member

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    #12
    Real inflation is in double digits (10%+) in many countries and jurisdictions.

    If you are earning less than that, then you are losing the purchasing power of your money in the bank. You should use it to pay off debt, and to purchase capital goods you can use to generate more profit.

    The banks do not give you a good guaranteed return on your money, they cannot because the central banks inflate the currency constantly, driving down the value of each individual unit you save.

    The trick is, to convert your money into a tangible good like gold or silver coins, something that holds it's value over time.
     
    guerilla, Sep 7, 2008 IP
  13. tradeya

    tradeya Notable Member

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    #13
    3.8% here for 1 year saving. rate will increase up to 5.2% depend on the length of saving though.
     
    tradeya, Sep 9, 2008 IP
  14. esidyo

    esidyo Peon

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    #14
    4% only :(
     
    esidyo, Sep 9, 2008 IP
  15. arnab

    arnab Peon

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    #15
    3.5% for me
     
    arnab, Sep 9, 2008 IP
  16. stylish

    stylish Banned

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    #16
    My bank gives me 3% for me.
     
    stylish, Sep 9, 2008 IP
  17. Jarodboy

    Jarodboy Prominent Member

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    #17
    6% for me...
    And on another bank 5.25%.
     
    Jarodboy, Sep 9, 2008 IP
  18. ourktm

    ourktm Active Member

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    #18
    My bank only pays me 3.5% a year for my saving account. I really do not have that much money in the bank so I really make a small amount of interest.
     
    ourktm, Sep 9, 2008 IP
  19. xmartel

    xmartel Active Member

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    #19
    It varies between 3-3.8%
     
    xmartel, Sep 9, 2008 IP
  20. live-cms_com

    live-cms_com Notable Member

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    #20
    I spent all my savings on shares, otherwise it'd be 7.25% p.a., I think.
     
    live-cms_com, Sep 9, 2008 IP