Translations for „interest account“ in the English » Polish Dictionary

interest account N ECON

interest account

konto nt odsetek

Monolingual examples (not verified by PONS Editors)

English

The interest rates on these accounts are usually slightly lower than the equivalent annual interest accounts.

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Currently the best high interest accounts pay five times inflation - although not for long.

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However, one could argue that the low rate of interest credited to a daily interest account will not keep pace with inflation over the long term.

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It is also offering a linked high interest account which currently pays 4.5%.

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It was accused of "kicking savers in the teeth", while experts said other high interest accounts were set to follow suit.

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Interest is only added when you close the account: that's the way deferred interest accounts work.

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At 2 per cent, it will outstrip the rate you can earn on any monthly interest account -- assuming rates stay the same.

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For now, you can get comparable returns from some high interest accounts, with zero chance of losing money to market fluctuations.

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The dividend yield, which at 8% today is far, far superior to the income one might generate by stashing one's cash in a high interest account.

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A monthly interest account can be a good option for savers in need of an income.

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