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IP-Profiler - Banking Accounts
Daily
Interest Savings Accounts
Today's
investor has no shortage of investment options to choose from. We believe
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
Made EasyŽ.
We want you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
product.
Investment
Product
P r o f i l e r: |
Daily
Interest Savings Account |
| Questions
to Ask: |
Answers
you may find: |
| Balance
Levels: |
Zero
- $1,000 (N.I)
$1,000 - $2,999.99 (T)
$3,000 - $5,000 (P)
$5,000 - $10,000 (P)
$10,000 - and over (P)
Interest calculated on the daily closing balance. |
| Interest
Credited: |
Monthly |
| Charges: |
If
minimum monthly balance is below $1,000 - one free withdrawal allowed
per month, thereafter $0.65 each.
If balance of $1,000 or more is maintained, fees are waived.
If minimum monthly balance is below $200, a $1 monthly maintenance
fee is charged. |
| Statement
or Passbook: |
Passbook
or Monthly Statement. |
(N.I)
= No Interest paid
(T) = Total balance (P)
= Proportional
Data
extracted from The Fiscal Reports - Personal Chequing/Saving Accounts,
Report # 1 - 2 and provided as a generic product illustration only
- issuers of such products may have some, but not all of the features
shown.
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