Quote:
Originally Posted by Debi
Wow! I have just been a quoted a Westpac, high interest, instant access, interest calculated daily account at 5.25% which sounds pitiful against your 9%Savings account.
Are there any restrictions on this one?
Debi
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You have to put in between $50-$500 per month. No more than $500 per month. If you DONT TOUCH it you get the 9% and at the end of the year everything that is in there goes to your normal acct and you start at 0 balance again. More of a short term saver but there would be nothing wrong in taking out what you have saved and transferring to long term saver.