12% Interest Savings Accounts Doctor Of Credit. Answer: There is something known as a rewards checking account, these accounts require you to complete certain requirements to receive a higher APY or interest rate. Common requirements are things like: Receiving a direct deposit; Debit card transactions; Being enrolled in eStatements; There are currently none of these accounts that earn at a rate of 12%.
Is a 12% interest savings account legit? May not be insured. Money held in.
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