49.2k views
5 votes
Sometimes savings accounts earn a low rate when the balance is under a certain amount, and earn higher rates when the balance is more than a certain amount. this type of interest rate is called a _____.

User Bucko
by
9.1k points

2 Answers

4 votes
checkings account i think i was just studying this less than 10 min ago
User Theadnangondal
by
8.4k points
1 vote

Variable interest rate.

User MayTree
by
8.8k points