asked 83.5k views
4 votes
The best reason for depositing money in a bank or credit union savings account instead of keeping your money "under the mattress" is that:

1 Answer

4 votes
Your money in a bank account or credit union can earn interest whereas your 'under the mattress' money is just sitting there.

answered
User Sam Corder
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.