In case of a one-time deposit with a clear explanation, it may not raise many eyebrows. Repeated large cash deposits made ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

A term deposit or time deposit is a fixed-period investment option wherein the maturity period ranges from a few months to five years. Fixed deposits are deposits or a period of a few days to 10 years ...

Both Post Office deposits and bank fixed deposits are considered safe, low-risk debt options. Over longer investment periods, however, bank FDs typically generate a larger corpus, largely because of ...

According to a recent PayrollOrg survey, over 95% of Americans receive their paycheck via direct deposit, saving you trips to the bank and providing quick access to your funds. A direct deposit is ...

Demand deposit accounts include checking, savings and money market accounts. Demand deposit accounts generally let you use or withdraw money at any time. Savings and money market accounts typically ...

Like banks, many types of schemes are run in post offices also. Fixed deposit is also one of them. This is called post office time deposit. The maximum interest available in this is 7.5%. But if you ...

Demand deposit accounts allow immediate money access and are FDIC or NCUA insured up to $250,000. Interest rates on demand deposits are low, reflecting their high liquidity and immediate access ...

A direct deposit was an added perk offered by banks back in the day, but it has become a default option for most users. When paper checks were the norm, people often wanted to know what day a ...