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Old 27th September 2007, 05:02 PM
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pauly7 pauly7 is offline
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Join Date: Dec 2004
Posts: 498
Re: Best no-fee portfolio with points & insurance

Quote:
Originally Posted by $CJ
Nice idea. Thanks!

There's currently a special deal where you get 7.15% on linked savings accounts if you hold >= $5000 in the 0% base account. Normally you'd only get 5.xx%

I'm a bit confused though. Let's say I'm just happy with the 5.xx%. Do I still need $5000 in the 0% account? The website isn't clear.
Bonus rate is 7.25
Standard rate is 6.25

So if your are happy with 6.25, which is still pretty good and better than alot of other standard rates e.g. ING, then you do not need to keep 5000 in the transaction account. If you do however you get 7.25.

Citibank Plus is excellent, no fees (by depositing your salary into the account) and unlimited transactions with ANY atm in Australia - unbeatable value for me, no hunting round for own bank atms, or slugged for the no-name atms in pubs!
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