Hi all,
This is just a silly one but would love to hear if this is an expected issue. Right now I only have $1 in the Ally savings account, only plan to put money back if they offer a good bonus or interest rates. (MM funds offer much more interest at the current time.)
This has been the situation for several years. Should have gotten a few cents per year interest but the balance has remained exactly $1.00.
Does anyone know if there is a minimum balance threshold for paying interest? Of course I don't really care about the pennies, just an interesting quirk of the low balance.
This is just a silly one but would love to hear if this is an expected issue. Right now I only have $1 in the Ally savings account, only plan to put money back if they offer a good bonus or interest rates. (MM funds offer much more interest at the current time.)
This has been the situation for several years. Should have gotten a few cents per year interest but the balance has remained exactly $1.00.
Does anyone know if there is a minimum balance threshold for paying interest? Of course I don't really care about the pennies, just an interesting quirk of the low balance.
Statistics: Posted by z3r0c00l — Wed Dec 25, 2024 8:06 am — Replies 6 — Views 359