Competitive interest on funds at call in your CMC Markets Cash Account.
Fee-free CMC Markets Cash Account held with Bankwest
To take advantage of Australia’s lowest online brokerage with us, you need to have a CMC Markets Cash Account. Keep your funds in your fee-free CMC Markets Cash Account, which is held with Bankwest and managed by us on your behalf. You can earn competitive interest on funds at call when you’re not investing, so your money will still be working for you.
The CMC Markets Cash Account is the perfect partner for your stockbroking or options account, and you may be able to have all your dividends paid in directly. It’s the easiest way to pay for your share purchases and receive payment from your sales. And with a competitive interest rate and no fees or charges, it’s a good place to park funds in between other investments.
What you get:
• competitive interest rates
• no account-keeping fees or charges
• minimum balance of just $2
• access to your money at any time
CMC Markets cash account interest rates^
|Interest rate (p.a)||On balance of|
|0.05%||$0 to $9,999|
|0.05%||$10,000 to $19,999|
|0.10%||$20,000 to $49,999|
|1.60%||$50,000 to $199,999|
|2.20%||$200,000 to $499,999|
|2.45%||$500,000 and above|
^ As at 7 August 2013