i think it is PRINCIPAL but im not sure.
ANSWER It is called "interest".
A savings account at a credit union is generally called a share account.
American Express offers a personal savings account with no fees, no minimum balance amount, and a competitive rate, called the High-yield Savings Account. They also offer an account called Certificates of Deposit, which has a competitive fixed interest rate.
The amount of money borrowed or deposited is called the "principal." In the context of a loan, it refers to the original sum of money borrowed before any interest is applied. For deposits, it signifies the initial amount placed into a financial account. The principal is crucial as it serves as the basis for calculating interest earnings or payments.
Share account
ANSWER It is called "interest".
A savings account at a credit union is generally called a share account.
American Express offers a personal savings account with no fees, no minimum balance amount, and a competitive rate, called the High-yield Savings Account. They also offer an account called Certificates of Deposit, which has a competitive fixed interest rate.
A savings account at a credit union is generally called a share account.
it is called a savings account.
No, the Egg savings account called "Egg Savings Account (internet) Issue 2" does not have a monthly service charge. This type of savings account is accessible online.
The amount of money borrowed or deposited is called the "principal." In the context of a loan, it refers to the original sum of money borrowed before any interest is applied. For deposits, it signifies the initial amount placed into a financial account. The principal is crucial as it serves as the basis for calculating interest earnings or payments.
It is called a passbook.
interest
A Passbook
Share account
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.