Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

C. A transaction account

D. A debit card account

Question

Business

Stephen Fernandez

15 May, 15:50

Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

C. A transaction account

D. A debit card account

+1

Answers (1)

Know the Answer?

Bradley Carrillo · Answer 1

The answer is checking account. It is an interest bearing checking account.

An account owner can deposit his money to its checking account and let it earn interests in a period of time. The more amount you deposit in your account, the more interest it earns.

Which type of bank account is most likely to pay you interest on the money in the account?A. A savings accountB. A checking accountC. A transaction accountD. A debit card account

Which type of bank account is most likely to pay you interest on the money in the account?

A. A savings account

B. A checking account

C. A transaction account

D. A debit card account