does banks charge u interst in a bank on money?

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does banks charge u interst in a bank on money?

2007-09-25 03:58:35 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

2 answers

If you have a loan they charge interest.

2007-09-25 04:21:55 · answer #1 · answered by shipwreck 7 · 0⤊ 0⤋

if its a savings account, no.. they pay YOU interest. If its a checking account theres usually no interest either way. Though some banks have "interest checking" where they pay you interest (though the rate is usually small).

2007-09-25 11:04:12 · answer #2 · answered by BravesWings 4 · 0⤊ 0⤋