|
My DH tried to make a pun about brooms and something called a "sweep account." However, his attempt fell rather flat, as I had never heard of a sweep account. Now he's being all sorts of ornery and not telling me what it is. Help? |
|
Sweep accounts are just a tool to move money from one account, usually not interest bearing, to another account that is interest bearing. The customer decides what average balance needs to be kept in the "cash" account, and excess money is "Swept" into the other account. And it can go both ways. See this wikipedia explanation. I am sorry, your DH treated you that way-not very nice!!! |
