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Does a Business Checking account pay dividends?

April 26, 2017Business checking account dividends pay

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Does a Business Checking account pay dividends?

1 Answer

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10 Posted

Yes, depending on the amount on deposit. A dividend is calculated for each day that you have at least $1,000 in your account and it is paid monthly. So there’s no need to “sweep” your funds nightly to another account, as you may have to do at some other financial institutions. Plus, the more you have on deposit, the higher the dividend rate!