How often is the return on a savings account paid out? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

How often is the return on a savings account paid out?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

It differs according to the customer's preference and the type of account, and includes payout frequencies (monthly, quarterly, semi-annual, or annual); the longer the period, the higher the interest rate usually is.

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