Are Dual Currency Deposits Really Worth It?
Submitted by Creveling & Creveling Private Wealth Advisory on January 10th, 2011By Chad Creveling, CFA and Peggy Creveling, CFA
A chance to earn significantly higher interest rates on your deposits with the only downside being that you might be converted to a currency you could probably use anyway is pretty appealing, particularly given the paltry yields offered on cash these days. That’s what dual currency deposits promise.
