Banking! the basics & how to save those bucks!
The bank feature (like in real life) can be a great way to save your money & collect interest on large sums. However, it should be noted that these features also come with a bit of a fee. -- But from my opinion, it is really worth the small fee!
There is also a great feature that you can send bucks as a gift to a friend!
First off - it should be noted that everyone has two types of accounts. Savings (found at the top) and loans. I'll briefly explain savings and then on to gifting!
It should be noted that Loans are not really available right now ~
You can check your balance by clicking on [Balance] below your notifications (above the activies on the left hand banner) or by clicking [Balance] underneath your avatar.
The amount of savings you can hold in your account is effected by your user group.
UPDATE: Thanks to ClaraZ25 - The limit appears to now be un-limited for all user groups.
A gifted member may be able to save more then a webkinz and a gift guru more.
A minimum of 500 WI bucks must be put in the savings account to receive 3.5% interest on the bucks (interest is you earning bucks!) every 30 days. Every deposit takes a minimum of one day to complete & withdrawing the transaction before then will result in a fee of 5.0% of that amount. (Example: If I deposit 500 I would lose 25 (math??) bucks by withdrawing early).
All savings transactions (taking money out or in) receive a 2.0% fine. So, if you deposit 1,000 bucks you are going to see 980 go in. It is a small fee for a good feature.
If you have a lot of bucks, put some away to save & earn interest. Do your best not to touch these and you will see it pay off in due time!