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View Full Version : Banks Saving Plans.


AdamFrankie
Nov 17, 2018, 03:00 AM
Banks offer a lot saving plans but still there is one thing that I am unable to understand that what is the purpose of saving by paying. Like banks will take their commission as well.

ma0641
Nov 17, 2018, 05:56 PM
Commission? It is a form of investment. Banks pay you interest based on whatever rate they may use. I don't use banks for that, that is what Money Market accounts in Mutual Funds are for, IMO

Alty
Nov 17, 2018, 09:55 PM
You will never leave the bank with less money than you put in. I don't understand what you mean by commission. Commission for what? Banks actually pay you to put money in an account with them.