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This is one place which you would really consider placing your money in. 1.88% p.a. from $25,000 in this account. Better than any time deposits. But the catch is that you would need to spend $500 every month on your credit card.
This is a tricky one because you would still need to consider the rebates that comes with the other credit cards. If you have $25,000 in this account, you will be getting $470 interest. If you compute it with $500 spending every month over a year, it is as good as having 7.8% cash rebate.
This is for those who have high credit spending and high savings at the same time.
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