Which is better Recurring account or fixed deposit account?

Answer #1

Fixed deposit, if it avoids monthly fees, is far better than a recurring account as those usually have monthly account fees that can offset any nominal interest they may pay in your savings.

More Like This
Ask an advisor one-on-one!
Advisor

Accounting Expert

Finance, Accounting, Business Services

Advisor

Accountants in Miami

Accounting Services, Tax Services, Small Business Services

Advisor

Accountant Dubai

Accounting Services, Tax Services, Financial Planning

Advisor

Makesworth Accountants

Accounting, Finance, Business Services

Advisor

Bambridge Accountants

Accounting, Tax Services, Finance