If you have a contingent account it would have to meet a certain requirement, such as,: You will earn interest on the account only if you maintain a balance of $5,000. Then the account will earn interest only on the contingency that the minimum balance in the account does not fall below the $5,000 amount. Another example would be a child's account will not be charged a service fee contingent on the fact the child is under the age of 16. The contingent is a requirement that must be met in order to maintain the account.
