2007-09-25 08:51:41 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
NO, the more $ u put in the bank, the more interest the bank pays you, because the $ you're putting in the bank is sort of $ they use to fund other investments, so they're "borrowing" $ from your deposits, so they pay you interest for it.
2007-09-25 09:13:51 · answer #1 · answered by anonymous100 3 · 0⤊ 0⤋
don't know what "alot" of $$ is to you, but know that banks only insure up to a certain amount, $100,000 in the states. If you don't need to use some or all of the $$ for a while, look at money market or CDs to make more interest. Not all banks are the same when it comes to paying interest, so do your homework.
2007-09-25 16:00:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
no they dont charge you they pay you for the right to use your money and make more money for themselves.
2007-09-25 15:55:35 · answer #3 · answered by Aloha_Ann 7 · 0⤊ 0⤋
no!they give you money each month.neat huh/
2007-09-25 16:01:56 · answer #4 · answered by Diane S 3 · 0⤊ 0⤋
no they pay you interest on it
2007-09-25 15:54:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋