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Tha Most Shady
Joined: 11 Jul 2007 Posts: 26 Location: AUS
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Posted: Thu Sep 06, 2007 1:04 am Post subject: Stake in tha Bank |
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Has anyone put there stake money in the bank like the report says to do after you complete step 15?
If you have; So what do you do about bank fees? do you pay them out of the stake money or what?
Because a bank in my country will charge you $6/month account keeping fee if you have less than $2000 in your account.
Is the bank fees a cost that has to come out of the stake money ?
Or can you pay the bank fees with outside money ? |
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arkad Site Admin

Joined: 19 Jan 2007 Posts: 365
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Posted: Thu Sep 06, 2007 5:56 am Post subject: |
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In my opinion if there are bank fees for your Doubling account it should come from your stake. Fortunately over here in the UK there are a few bank accounts available that are free.
Arkad _________________ The Richest Man in Atherstone |
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Tha Most Shady
Joined: 11 Jul 2007 Posts: 26 Location: AUS
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Posted: Sat Sep 08, 2007 9:00 pm Post subject: |
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hmmm, I agree
But I've figured a way around it for me........
I'm going to open a bank account for a business I start (which will be soon), then use the direct saving account from that to hold my doubling account. The direct saving account has no fees and an interest rate of 5.45%pa payed daily. I'll just have to transfer (at no charge) $xx.xx to my debit account (the business account) when I want to use $xx.xx amount of stake money. But thats okay it only takes a moment of my time  |
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