Tweet
I'm sure it's something simple but I recieved a bank statement today and it the middle of it it says Accr Earning Payment $0.05
Does anyone know what this means, thanks
Does anyone know what this means, thanks
-
-
Some form of cash back program or automatic saving thing, like Bank of America rounding out the change. -
Is it really a credit union? It sounds to me like something a credit union might call the dividend paid on the share(s) you bought to become a member of the CU."There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid
"It is easier to build strong children than to repair broken men." --Frederick DouglassComment
-
I think that stands for Accrued Earnings Payment. That would be considered interest paid on the average balance for the previous month.
Dan Clemons, author and retired Certified Financial PlanneComment
Comment