Cash Management Accounts

If you've been temporarily scared off the sharemarket (or missed the boat on Telstra shares) and are looking to place your “hard earned” somewhere that's accessable and has some sought of return then perhaps the following Cash Management Accounts (CMA's) are worth considering.

GIO and Cornerstone Building Societies CMA's currently have a rate of 3.50% for deposits between $2,000 and $10,000 with no account keeping or transaction fees.

If you have a look in our Deposit Comparision Tables you'll understand why this rate is worth a second glance.