Anyone deposited money into Cahoot savings?
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trudi
Apprentice
Joined: 24 Nov 2005
Posts: 13
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 Posted: 09/16/07 - 04:26 Post subject: |
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Hello, Ive been searching for an institution into which Ill deposit some money. I heard of Cahoot, what they offer seems attractive but Id like to know something more at first hand. Please, anyone who saves money in Cahoot, help! It would be nice if you could hurry a bit with your advice because I started to spend money I meant to deposit already
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karoly
Apprentice
Joined: 06 Apr 2005
Posts: 6
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| Posted: 10/25/07 - 01:34 Post subject: |
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I deposited and I still deposit some money to Cahoot and I must admit they are really professional. There are many other reasons why I chose them and why I stayed with them. Firstly, you can get an interest according to the rate of 5.75 which is quite generous. Secondly, the initial amount of deposited money isnt specified which means that you could open an account with only 1. Thirdly, you can pay in whenever you want, whatever an amount you like and you can withdraw your money also whenever you want and which is the most important without any penalties. This may be the reason why their savings rate is a bit lower than with the other institutions, but it pays off because it gives you the freedom of taking money when you need it. So, dont hesitate and invest your money smartly.
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