TopHot
Interest payment staying the same even with higher balance?
Interest payment staying the same even with higher balance? I have a steady 5% interest rate at my bank and got $211 interest payment last month. Since then I've deposited about $3000 more in the account from weekly paychecks but my interest payment again was still $211. Am I being dumb here? Why didn't my interest payment go up if my balance went up? It's such a hassle to contact customer service I want...
Category:
