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Janet

In article >,
says...
>
> On Wednesday, January 6, 2016 at 8:46:43 AM UTC-5, Janet wrote:
> > In article >,
> > says...
> > >
> > > On Tue, 5 Jan 2016 20:30:47 -0000, Janet > wrote:
> > >
> > > snip
> > > >
> > > > But not evenly. I am a bank customer who pays no banking costs or
> > > >charges of any kind for the services I use.
> > > >
> > > > Other customers do, the ones who pay interest on bank loans and over
> > > >drafts, and run up huge CC debts at awful interest rates. They are
> > > >subsidising me.
> > > >
> > > > Janet UK
> > >
> > > Generally that privilege is offered to customers who maintain a
> > > certain balance with the bank. Your payment for services is
> > > essentially lending the bank your money, interest free.
> >
> > Er, no. The bank pays interest to ME :-)
>
> Sure, but it's probably a trifling amount compared to what they
> earn by loaning your money out.
>
> Savings accounts in the U.S. are currently paying an average of
> 0.48% and checking accounts (if they pay interest at all) are
> paying 0.41%. Hope you're doing better over there.

Holy cow yes.

There are bank current accounts here ( UK term for your "checking
account") paying 2%, 3% and 5% .

Janet UK