Does Motusbank’s No-fee Chequing Account offer the highest interest rate?
No, it doesn’t offer the highest interest rate. It is a chequing account; thus, the interest rate, though competitive, is lower than that of the Motusbank Savings Account options.
What is the difference between Motusbank savings and chequing accounts?
The key differences are:
- The chequing account manages everyday transactions, while the savings account grows your money over time.
- Motusbank Savings Account features a higher interest rate.
- The chequing account offers more flexible and unlimited transaction options than the savings account.