Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

С. A transaction account

D A debit card account

Question

Darnell Ramsey

Business

27 February, 20:04

Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

С. A transaction account

D A debit card account

+5

Answers (1)

Know the Answer?

Madelynn Lang · Answer 1

Answer: A. A savings account

Explanation:

Hi, a savings account is a type of bank account that allows you to deposit money and earn interests for your deposits.

There are different interest rates offered, depending on the bank chosen.

Money kept in a savings account isn't quite as accessible as cash kept in a checking account.

Feel free to ask for more if needed or if you did not understand something.

Which type of bank account is most likely to pay you interest on the money in the account?A. A savings accountB. A checking accountС. A transaction accountD A debit card account

Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

С. A transaction account

D A debit card account