Ask Question
25 April, 07:13

Why would banks offer higher interest rates for savings and checking accounts?

+4
Answers (1)
  1. 25 April, 10:07
    0
    Because banks can increase deposit interest rates to encourage customers to lend, or lower loan rates to incentivize customers to borrow.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why would banks offer higher interest rates for savings and checking accounts? ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers