Bank Accounts?

Question

Is there a such thing as a bank that put interest in your account but takes no money out of your account?
If so what is it called? or what bank does that?

Answer 1

That goes bank by bank. Many have interest-bearing checking or savings accounts. Many have no-fee accounts.

Answer 2

Some banks offer fee free, interest bearing accounts. The banks may call them by their own trade names such as Wachovia's Crown Classic Banking.

Answer 3

If you carry their required minimum balance, most banks offer an free, interest bearing checking account.

Usually, you have to keep anywhere from $500 to $5000 in the account daily or more in it to avoid the fee.

Otherwise, just a savings account that usually carries a much lower balance will do the trick.

Answer 4

Our bank has an interest bearing account with no minimum balance on both our checking and savings accounts. Try to find a local community bank. They are more appeasing to their customers compared to the big named banks where your just a number.

Answer 5

Most banks and credit unions nowadays have free savings and money market accounts. There are a select few that have interest-bearing checking accounts as well.
You are going to have to research all the banks in your area, ask them exactly what you asked on here.

Answer 6

almost every bank offers interest bearing accounts.