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Interest Rate Bonus

An "Interest Rate Bonus" refers to an additional interest percentage offered by financial institutions as an incentive or reward, typically to attract new customers or encourage specific behaviors.

What is Interest Rate Bonus?

An "Interest Rate Bonus" refers to an additional interest percentage offered by financial institutions as an incentive or reward, typically to attract new customers or encourage specific behaviors.

This bonus is usually provided on top of the standard interest rate for a particular financial product, such as savings accounts, fixed deposits, or certain investment vehicles. The bonus can be a one-time offer or may apply for a specified duration, after which the interest rate reverts to the standard rate.

For consumers, an interest rate bonus can be an attractive proposition, offering the potential for higher returns on their deposits or investments.

An "Interest Rate Bonus" refers to an additional interest percentage offered by financial institutions as an incentive or reward, typically to attract new customers or encourage specific behaviors.

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