High rate offer for savers may not be the PERL it seems

By David Potts
Updated September 10 2014 - 10:13am, first published August 27 2014 - 12:15am
These PERLS are listed and are like buying shares in the bank without the inconvenience of wild price swings
These PERLS are listed and are like buying shares in the bank without the inconvenience of wild price swings

Well fancy that. The CBA is offering long suffering savers an interest rate of 5.5 per cent that comes with a franking credit and perhaps even a capital gain if they’re good.