Passbook accounts are a specific kind of account known for having both lowered requirements (balances, credit of the account holder etc) and for subsequently lo

Passbook accounts are a specific kind of account known for having both lowered requirements (balances, credit of the account holder etc) and for subsequently lowered rates. They are for children and old people. I admit to glossing over your use of the term but now that you’ve pointed it out it’s an even more egregious use of the wrong tool.