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LC COIN PSA: BANK INTEREST IS AT 2% ---- (YOU MUST MANUALLY COLLECT DAILY)

What a times, most useless banks, good old days when you got at least 3-5%....
 
What a times, most useless banks, good old days when you got at least 3-5%....
Except for some [Censored to avoid politics] countries inflation, I cannot think of anywhere where daily 3-5% would be a thing. Where was this, would literally loan money elsewhere to put into that kind of bank lol
 
Except for some [Censored to avoid politics] countries inflation, I cannot think of anywhere where daily 3-5% would be a thing. Where was this, would literally loan money elsewhere to put into that kind of bank lol
Read it again, I said 'good old days', like 20 years back I had an account in germany, that gave me more than 3%. And has been a bank that crashed Iceland? That had 4%.
So in the good old days, we had a little bit to look forward to, those 1-2% are a joke...
 
Except for some [Censored to avoid politics] countries inflation, I cannot think of anywhere where daily 3-5% would be a thing. Where was this, would literally loan money elsewhere to put into that kind of bank lol
At least some help to the starving population
 
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Read it again, I said 'good old days', like 20 years back I had an account in germany, that gave me more than 3%. And has been a bank that crashed Iceland? That had 4%.
So in the good old days, we had a little bit to look forward to, those 1-2% are a joke...
Per day is unlikely, likely per month?

Edited cos I was confused.
 
Per day?!
hahahaha.... You are totally right, nope....
So 1-2% is nice, except that somehow you need to get it everyday yourself, should buy a manager for that, like in those grind games...
 
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Read it again, I said 'good old days', like 20 years back I had an account in germany, that gave me more than 3%. And has been a bank that crashed Iceland? That had 4%.
So in the good old days, we had a little bit to look forward to, those 1-2% are a joke...
You can find several banks in germany with interests rates higher than or at least 3%. The OLB has even a 5% (but only for 3 months).
However, next year it will go down again.
 
hahahaha.... You are totally right, nope....
So 1-2% is nice, except that somehow you need to get it everyday yourself, should buy a manager for that, like in those grind games...
Understood :), for sure if my bank gave me 2% a day for a few clicks well, I may actually wake up on time and click like a mofo even manually :bndr0029:worth it lol. Compound interest is the way :cool:
 
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You can find several banks in germany with interests rates higher than or at least 3%. The OLB has even a 5% (but only for 3 months).
However, next year it will go down again.

Yeh I don't have a german account anymore, It went down from 3.5% to 0%, and in the end it wasn't worth the husle...
 
I don't find it such a big deal collecting my daily interest of 2,600 coins.
I have no clue how much I will have after 12 months though.
It's not a big deal, but my tiny brain forget it many times and I collect it some hours late. And the tardiness accumulate, so sometimes it's when I sleeping or such, and then I can only collect it again the other day, so I must lose a lot of coins that way. :cry:
 
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I just leave the bank tab up on my phone and check it when I go to the bathroom.
 
I just leave the bank tab up on my phone and check it when I go to the bathroom.
One way to do it ....


That said I would really Appreciate it if the note about the interest timer resetting on any action in the bank ... could be added to the Bank Page ... next to the timer if possible
 
Thanks to everyone for the information provided.
 
IF YOU DON'T KNOW ALREADY, YOU CAN PUT ALL OF YOUR LC IN THE "BANK"
IT'S CURRENTLY AT A BOOSTED 2% (from 1%) DAILY COMPOUNDING INTEREST RATE
ALSO UNANNOUNCED UPDATE, BUT IT AUTO COLLECTS AT MIDNIGHT OF TIMEZONE UTC-8
AUTO COLLECT HAS BEEN DISABLED! YOU MUST MANUALLY COLLECT EVERY 24 HOURS AGAIN

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Although it may not seem like a lot if you only have 100 coins since you will only get 2 coins the first few days, but if you keep depositing into it you will slowly start to gain tons.
For example instead of purchasing Prestige 1 as soon as you have enough LC, if you wait 1 month and save up the 2500 LC in your bank you will earn 2120 free LC.

If you are still short on LC I would recommend trying to keep slowly farming some more, but once you hit your goal for whatever role you wanted to purchase, it may be wiser to just keep farming and letting the interest accumulate.
The LC feature is still fairly new so I would not be surprised if this feature gets heavily changed or outright removed so use it while you can.
To understand how broken this is once a single user puts 100,000 LC in the bank they will generate another 85,000 LC the first month and of course one more month of saving would earn another 150,000. This would in all honesty make it so the 750 LC to get member+ look like nothing as a single rich user could ruin the entire "market" and damn near everyone could buy Prestige 1 and 2 and the entire site would light up like a rainbow with all the neon profiles.

Leave a like if this helped please :)
zpugWH.gif
 
I've learned 2 things today:
- there's a bank (which is kinda hard to find since I tried looking for it by using the transaction menu from the top right instead of the Shop dropdown menu)
- you have to collect your interest.

Can't complain about having to collect it automatically since it's just free coins for almost no effort. One question: if you collect interest, where do the coins go: bank or wallet?
 
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