Need to make sure consumers when choosing the right day money on algae. Hardly another bank product is so popular with the Germans, like the day money account. It offers many advantages, such as for example the full availability of the landscaped capital or high in comparison with other short-term deposits interest of the invested capital. It is also possible to the system without any risk. Large differences in money market accounts. However, vary the offers available in Germany partly very clearly.
These differences limit not only on the interest on the landscaped capital. They extend over the framework conditions in the money market accounts. Not only the interest rate differs! While some banks for example an annual crediting is practiced, other institutions practising a quarterly or even monthly crediting. Also as regards the incurred fixed costs, there are large deviations. While most of the banks in principle no account maintenance fees burden, among these at some institutions still the standard.
Comparison pays! Who stands in front of the selection of the appropriate day money account, you should consider the day investment in comparison. Often one or more percentage points are between the best and the worst provider difference, regarding the eilbare ore yield. In this respect the day money pays almost always comparison. Especially in low interest phases you should compare exactly as investors, because interest rates are already at a low level and so a possible surplus can be generate. Interest differed different fee arrangements with regard to the writings of interest various different framework conditions
