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Nairaland Forum / Nairaland / General / Business / Which Is Better - savings account, fixed deposit or current account? (1196 Views)
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Which Is Better - savings account, fixed deposit or current account? by Nobody: 5:33pm On Feb 10, 2020 |
Please which is better? saving acount, fix deposit and current account which will generate more interest in the Nigeria banks. Mode push to front page please. |
Re: Which Is Better - savings account, fixed deposit or current account? by Olamilekan08(m): 3:59pm On Apr 18, 2020 |
Fixed deposit. IMO. |
Re: Which Is Better - savings account, fixed deposit or current account? by SilentVboy: 7:41pm On May 05, 2020 |
iamloyalty:Fixed deposit. |
Re: Which Is Better - savings account, fixed deposit or current account? by Kcanfield(m): 10:20pm On May 05, 2020 |
Fixed deposit. Just check the minimum deposit required by any Bank of your choice |
Re: Which Is Better - savings account, fixed deposit or current account? by debaj10: 11:04pm On May 05, 2020 |
iamloyalty:compare d inflation rate with d minimum amount for d best FD rate. when u see how much ur losing per month/year- based on ur investment amount- gain some wisdom: go invest in a high turnover business or convert to dollars. nairas going down d rabbit hole. a word is enough. 1 Like |
Re: Which Is Better - savings account, fixed deposit or current account? by Nobody: 1:05pm On May 06, 2020 |
debaj10: From my research this is the best option for now. |
Re: Which Is Better - savings account, fixed deposit or current account? by AbigailF: 1:24pm On May 06, 2020 |
The fixed deposit account would pay more dividends for your money. It has the highest returns per person per month. The other 2 methods don't match the interest rate that you would get from fixed deposit considering you make a fixed deposit in a credible bank. Also, the Fixed deposit interest rate also changes from bank to bank in our country. So ensure you weigh the options appropriately to choose the right bank as you keep your money in a reliable bank only. Regards. |
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