CANADIAN TIRE SAVINGS ACCOUNT - MAXXIS TRAVEL TRAILER TIRES - CAR TYRE DAMAGE
Canadian Tire Savings Account
- A bank account that earns interest
- a bank account that accumulates interest
- An account with a bank or financial institution which pays interest on balances held, usually once or twice per year, the amount of interest paid usually depends on to the amount of money in the account and the 'base rate' of the Bank of England.
- Savings accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return.
- Canadian Tire Corporation, Limited is one of Canada's 35 largest publicly traded companies and operates an inter-related network of businesses engaged in retailing (hardgoods, apparel and petroleum) and services (financial and automotive).
I just had to LAUGH when the bank told me-PROUDLY- that I was going to get a 1% return on my savings account.. y'know, the retirement account?
I actually took the time to print the screen, cut the important parts, and draw the words on my mousepad, post and share this.
If inflation is currently at 3% (some say more), and the savings account rate is 1%, then I LOSE 2% every year.
We are better off buying cans of tuna, or bottles of SEX LUBE than saving this money!
And so honey, that's why we have all those bottles in the garage- I'm saving for retirement.
Interest-bearing savings accounts are available in a post office near you
When I saw that there was a 'savings account' feature at my post office in BearCity (my Animal Crossing town), I wondered what the point was. Getting a tissue box for saving 1,000,000 bells didn't sound too rewarding. After trying it out anyway, and gradually adding more and more bells to my account, I got this letter in the mail. It's not a high interest rate, maybe 1% at best, but with no interest home loans from Tom Nook, it all evens out in the end.
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