Permissibility of taking out an interest bearing bank account

Question

On my normal bank account,can I offset the interest earned from an interest bearing account and use this interest to pay the following:
1.bank charges
2.credit cards
3.interest on overdraft
4.retirement annuity fund
5.endowment investment
6.medical aid
7.cellphone accounts

zha654 · Answer

1) No
2) No
3) No
4) No
5) No
6) No
7) No