The option that is not a characteristic of a typical bank savings account is:
a high interest rate
Savings accounts generally offer low interest rates, typically much lower than high-yield savings accounts or other investment vehicles.
Which of the following is not a characteristic of a typical bank savings account?(1 point)
Responses
no restrictions on money withdrawals or deposits
no restrictions on money withdrawals or deposits
a high interest rate
a high interest rate
an average of 0.05% interest with no other restrictions
an average of 0.05% interest with no other restrictions
savings are easily accessible for the customer
savings are easily accessible for the customer
1 answer