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Zero interest rate era arrives early for TD Waterhouse customers
by The Investor on January 30, 2009
Zero interest rates arrive at TD Waterhouse
Looks like the age of 0% interest rates has come early for customers of TD Waterhouse in the UK, which just announced the rates pictured for cash held in its various share dealing accounts.
Dealing accounts typically offer terrible interest rates on uninvested cash, but 0% is taking the biscuit (or rather all of the interest the uninvested cash generates).