Earn Interest in AU Cash Account
H
Hayden
Similar feature that Interactive Brokers (IBKR) have implemented into their brokerage accounts - uninvested money sitting in Pearler AU Cash / Automatic Investing accounts has the ability to earn interest for users each month.
This feature could give users more confidence to setup an automatic deposit each week without the fear of missing out on interest generated within a bank account. Interest amounts earned each month could appear in the “Transactions” tab and would just be added to the respective cash account.
D
DAVID WHITE
I raised this issue 2 years ago after the Reserve Bank had hiked interest rates a number of times and it was clear that, what you propose should be possible. Nothing has happened in the 2 years since. Therefore, cash deposits into your account should be minimized. Once trades are completed reduce your cash holding by withdrawal to a better account.
S R
This would be amazing - would definitely invest more if this was an option
Pasqual Carstens
Merged in a post:
Automation - Interest accrual
A
AmandaFletcher
It would be great for the held funds accumulating until target investment amount to accrue interest to avoid a no earnings limbo.
Pasqual Carstens
Merged in a post:
Interest on cash accounts
G
Gudandis Adventure
Allow interest to accrue on cash accounts.
H
Helen
Great idea 👍🏻