Rethinking banking: How to make money in your bank account work for you

Many Kenyans are unaware they can negotiate with banks for better interest rates on deposits.

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The idea of “saving money in the bank” has evolved significantly. While banks are still seen as safe, the meager returns on savings accounts and low-interest rates make them less attractive for wealth growth.

Today, many Kenyans view their bank accounts primarily as channels for salary deposits and basic transactions, with surplus funds often directed toward alternative investments.

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Note: The results are not exact but very close to the actual.