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by ghaff
1194 days ago
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The only "interest" I've gotten from a bank in probably decades is a free checking account which money can be deposited into and withdrawn from (via paper check or a couple different online payment mechanisms), the very rare notary service, and ATMs (also increasingly rare). I regularly sweep any significant excess cash to a brokerage account. I understand companies keeping larger pure cash accounts but how many individuals are keeping $500K in a bank deposit account? |
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