Get 8% interest on savings account youtubeshorts shorts shortsvideo bank savings [8c6uty2Wjh0]
πΈ Do you know you can triple your savings interest? π With the auto sweep feature, your savings account connects to a fixed deposit, letting you earn higher interest on unused funds. β How does Auto Sweep work? π When your savings exceed a set limit, the auto sweep moves the extra amount to a fixed deposit. π You can still access the extra funds by transferring money back from your FD account to your savings by reverse sweep. β Hereβs an example: π If your savings account has a Rs. 10,000 minimum balance and you deposit Rs. 30,000 with a Rs. 15,000 threshold, the extra Rs. 15,000 goes to your FD account, earning interest in both accounts. π If you transfer Rs. 5,000 back to your savings, the FD interest rate will apply to the remaining Rs. 10,000 in the FD account. #youtubeshorts #shorts #shortsvideo #bank #savings #prettymuchfinance