What is the USP of saving account? - ProProfs Discuss
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What is the USP of saving account?

Asked by Educare, Last updated: Mar 27, 2024

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O. Miller

O. Miller

Have 3 years of Experience in journalism.

O. Miller
O. Miller, Content Optimization Executive, Studied Journalism and Psychology, Austin,Texas

Answered May 10, 2019

To know how to answer this question, you first have to understand what UPS is. This means the Unique Selling Proposition. This is the thing that can make an item more appealing to the general public. For banks, their UPS has to be a smooth operation. A savings account will not precisely have high-interest rates. This is reserved for investments within the bank.

This means that the answer to this is B. it will be easy to add some money to your account whenever you have some extra cash. It will also be easy to withdraw money from your account whenever you need to do so as long as you have an ATM card. These things may prompt people to open up a savings account with the bank soon.

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educare123

educare

educare123
Educare

Answered Sep 20, 2017

Easy operation
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