Interest on Bond
#1
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Thread Starter
Joined: Sep 2004
Posts: 99
Interest on Bond
We will be getting our $5000 bond back in November and I was wondering what sort of interest (in $) will will receive? Just curious! Any one got theirs back recently?
Tony
Tony
#2
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Joined: Jul 2006
Location: north east england to south east queensland(cleveland in fact )WE WON THE CUP
Posts: 5,867
Re: Interest on Bond
Originally Posted by avroncotton
We will be getting our $5000 bond back in November and I was wondering what sort of interest (in $) will will receive? Just curious! Any one got theirs back recently?
Tony
Tony
#3
Re: Interest on Bond
Originally Posted by bobbyftm
we had to lodge $100,000 last october!got $2100 put into account 6 mths later now due to get our $100,000 plus another $2100 next month . yippee we'll have money to spend again
#4
Re: Interest on Bond
Originally Posted by avroncotton
We will be getting our $5000 bond back in November and I was wondering what sort of interest (in $) will will receive? Just curious! Any one got theirs back recently?
Tony
Tony
I would like to know the answer to this also.
We placed our bond of approx $5500.00 2 years ago (well our sponsor did - but it was our money) and we should be due something back soon.
Sarah
#5
Re: Interest on Bond
It's a very low rate of interest because there's no competition. It has to be lodged with Commonwealth Bank. I think it was about 2.5%
#6
Joined: Dec 2003
Posts: 7,834
Re: Interest on Bond
Originally Posted by sasbear
Hi,
I would like to know the answer to this also.
We placed our bond of approx $5500.00 2 years ago (well our sponsor did - but it was our money) and we should be due something back soon.
Sarah
I would like to know the answer to this also.
We placed our bond of approx $5500.00 2 years ago (well our sponsor did - but it was our money) and we should be due something back soon.
Sarah
the bond would be $5000 the other $500 is for setting up the bloody accounts...I swear they should were flippin masks these bloody banks
#7
Re: Interest on Bond
Originally Posted by sasbear
Hi,
I would like to know the answer to this also.
We placed our bond of approx $5500.00 2 years ago (well our sponsor did - but it was our money) and we should be due something back soon.
Sarah
I would like to know the answer to this also.
We placed our bond of approx $5500.00 2 years ago (well our sponsor did - but it was our money) and we should be due something back soon.
Sarah
Im the assurer for my parent contributory visa and lodged there's a couple of years back with Commonwealth, the interest earnt has to be paid into a seperate account as it was Bond. We get the interest every 3 months I think, I keep the lot , as I have to declare it on my end of year return and pay the tax on it
I get dad a pint every time he comes over