Introductory high interest rates paid by financial institutions for new accounts are usually a good deal and you should therefore take advantage of them without question.

Question

Quizplus · Accepted Answer

While introductory high interest rates can be attractive, they often come with conditions such as minimum balance requirements or limited time periods after which rates drop significantly. It's important to read the fine print and consider the long-term benefits and drawbacks before making a decision.

Introductory High Interest Rates Paid by Financial Institutions for New