Forum Archive Index - December 2001
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Re: [sharechat] Call Accounts
Nigel
use the BNZ call account through access brokerage or the dorchester finance
one through direct broking. I believe asb securities has one too. If you
don't want to go through broker try one of amp direct online and telephone
banking accounts. These pay better returns than most call accounts and work
just about the same but no broker links.
Malcolm
>From: nbarker@tiptop.co.nz
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Call Accounts
>Date: Tue, 4 Dec 2001 17:59:40 +1300
>
>
>What are people using for call accounts? Do any of you use them?
>I have found two, the BNZ and the UDC accounts, which are often referred to
>by brokers, however their minimum $5000 account balance is a little too
>much for me (and I'm sure a lot of other small investors?) to just have
>sitting in Cash.
>I thought there were call accounts with a minimum of $1000 account balance
>around. I seem to remember reading an investment statement for the one
>linked to the (now defunct) Netbroker.
>Can anybody shed some light on this for me please?
>
>
>Regards
>
>Nigel
>
>
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