We’ve extensively researched Cash Management Accounts to offer our clients the best deal.
Held with Bankwest, the CMC Markets Cash Account is managed by us – on your behalf. Using this account, you can pay for your share purchases and receive payment for your sales. You can also have your dividends paid directly into the account.
The cash account pays a competitive interest rate with no additional fees or charges, and no minimum ongoing balance. This is one reason so many of our clients chose to use this account as their main investment account.
| Balance |
Interest rate |
|
|
As at 05/11/2008 |
|
| $0 to $9,999 |
0.05% |
|
| $10,000 to $19,999 |
0.10% |
|
| $20,000 to $49,999 |
3.25% |
|
| $50,000 to $199,999 |
4.70% |
|
| $200,000 to $499,999 |
5.15% |
|
| $500,000 and above |
5.25% |
|