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| Statement savings definition | By understanding and meeting the minimum balance requirements, you can enjoy the benefits of a statement savings account while avoiding potential penalties or limitations. Video Guides. Interest Rates: Compare the interest rates offered by different banks or credit unions. Your purchase of these products through affiliate links helps to generate commission for LiveWell, at no extra cost. Others will cap the balance that can earn the promotional rate, with dollar amounts above that maximum earning a paltry rate. Value Date: What It Means in Banking and Trading A value date is a future point in time used to value a product that can otherwise see fluctuations in its price. |
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