The exchanges on this topic have been interesting, comparing the different systems in other countries.
One thing not mentioned is the existence of internet banks, like INGdirect, who will hold your money for you at the equivalent of or a bit more than fixed deposit rates, but you can transfer in to and out from your own bank account, all with no charges at all. At the moment, here in Australia I get 5.40% per annum, calculated and credit to my account monthly. In the USA I think it is 2.80%, better than the 0.5% Tamara gets. They have no credit cards, no cheque books, no direct debit, etc. You just link it with your own bank account. All usual disclaimers, etc., I'm just a happy customer who likes getting a little bit of interest on my paltry few dollers. My son just signed up so that he can use it as a regular savings account, having a fixed sum transferred in every payday. Noelene in Cooma [EMAIL PROTECTED] http://members.ozemail.com.au/~nlafferty/ To unsubscribe send email to [EMAIL PROTECTED] containing the line: unsubscribe lace-chat [EMAIL PROTECTED] For help, write to [EMAIL PROTECTED]
