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| Name | How Does Savings Account Interest Work? |
| Video Uploader | Video From Discover |
| Upload Date | This Video Uploaded At 10-10-2017 17:32:21 |
| Video Discription | At its simplest, interest is the cost of borrowing money. Generally, you’ll pay interest to borrow money, and you can collect interest when you lend money. When you deposit money in a savings account, you are in essence lending a bank money and will earn interest on that money. Explore our video overview on how interest works on savings accounts. To learn more about how interest works and how it can help you achieve your financial goals, visit: https://www.discover.com/online-banking/banking-topics/how-interest-works-on-savings-accounts/. Connect with us on social: Subscribe to Discover on YouTube: https://www.youtube.com/discover "Like" Discover on Facebook: https://www.facebook.com/discover Follow Discover on Instagram: https://www.instagram.com/discover/ Follow Discover on X: https://twitter.com/discover Follow Discover on TikTok: https://www.tiktok.com/@discoverofficial |
| Category | Travel & Events |
| Tags | savings account interest | online savings account | savings account | savings interest | discover bank | discover | discover online bank | online banking |
