Dumb Bank Question Lol

Discussion in 'GR Classic Archive' started by zabiMARU., Dec 17, 2007.

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  1. Dec 17, 2007 at 4:56 PM #1
    zabiMARU.

    zabiMARU. Well-Known Member

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    So I made the Rich Man's account thingy ($1000 fee) and the interest rate is 1.25 (around there)... so does that mean that every year I get 1.25% of what I have in the bank?

    Cause that's a total waste that I did that if thats the case haha.
     
  2. Dec 17, 2007 at 5:29 PM #2
    Sdfs

    Sdfs Active Member

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    Yes you do. :)
     
  3. Dec 17, 2007 at 6:26 PM #3
    {G}host

    {G}host Well-Known Member

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    Yeah, I don't know why there is a bank creation fee (its so high - maybe lessen it) because the interest rate is so low, and then there is a withdrawal fee. Strange in my opinion.
     
  4. Dec 17, 2007 at 6:33 PM #4
    SM RxBandits

    SM RxBandits Senior Member

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    thats all misleading, and im not sure why we have it likes this, but there are no interests in any banks.
     
  5. Dec 17, 2007 at 6:36 PM #5
    Slight

    Slight Senior Member

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    actually there is a deposit fee... which it should be the other way round. charge you to make a withdraw instead of a deposit :/
     
  6. Dec 17, 2007 at 11:29 PM #6
    dementia

    dementia Well-Known Member

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    The reason why the cost to create an account is so high is because its a mandatory thing to do to make your credits safe, thus most people invest in it, and thus we have removed almost a hundred thousand credits just on bank creation fees alone.
     
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