Investors back Cashwerkz with $5million capital raise Investors have backed Cashwerkz despite the current market conditions, as the team are…
Written by Matt Kirk Published: May 6 2020 Investments
Local and global economies are experiencing volatility due to the recent outbreak of COVID-19. They have also been doubly hit by the wildly fluctuating oil prices. There are also future rate cuts likely to take place in Australia. At Cashwerkz, we’re passionate about ensuring investors find the best products – and this is particularly applicable at this time.
It’s no secret that markets across the globe have experienced turbulence over the past three months. At this time, investors are choosing defensive asset classes, such as term deposits and At Call to protect their capital.
Investing in At Call Deposits allows investors to protect their cash while retaining the flexibility to recall the cash when they need.
With Cashwerkz, investors can research, invest, manage and switch cash investments from trusted banks, all on one easy-to-use platform. Better still, there are no fees for investors to use for the entirety of investment. Cashwerkz is backed and supported by our 51 banking and credit union partners. We are passionate about creating choice, security and transparency within the investment process.
We do not handle or touch the funds invested at any point in time, meaning your investment is more safe and secure. Your investment is also secured through the Australian Government Bank Deposit Guarantee up to $250,000.
At Call account rates are often higher than Term Deposit or Cash Management account rates, they also give you greater flexibility in terms of liquidity and allow you to access your funds when you need, so you’re not locked in.
Head on over to the Cashwerkz marketplace to find competitive rates in At Call and invest here.