How is bank interest calculated?

The original poster: Chilled cod Views: 103 Replies: 10 Posted in: 2013-02-17 10:47:07
I spent all my money last night, so why didn't I see a single cent increase this morning!
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To collect interest, once a day
Manual, settle it yourself
1 day gives interest of one-thousandth; if you withdraw the money in less than 5 days, the principal will be deducted.
I suggest you not to save money; banks are really rip-offs!
For bumping posts only
You can keep it in, and go settle it in a few days!
Based on my own test, you can just go collect the interest every few days.
Depositing money you don't need for the time being in the bank can earn money, you need to deposit for at least 5 days !!
I might try depositing 100, I don't dare to deposit 100 million. Last time I deposited 100 million, I withdrew less than 60 million.
Indicates having no habit of saving money…
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