Why Not Mint Money

220: Are the additional benefits with FDs truly beneficial?

Episode Summary

Don’t rely on insurance benefits that come with FDs to fulfil your insurance requirements. Banks are offering FDs with additional benefits like health insurance to attract depositors. We explain the features, limitations of these benefits and if one should go for them.

Episode Notes

Don’t rely on insurance benefits that come with FDs to fulfil your insurance requirements. Banks are offering FDs with additional benefits like health insurance to attract depositors. We explain the features, limitations of these benefits and if one should go for them.