POSTED BY February 2, 2011 11:00 pm COMMENTS (4)ON
I have recently heard of the Sweep-in facility in FDs. It looks really a good option.
Are there any disadvantages of this option over regular FD.
If not, then I can always put the additional money I have into a FD with sweep in facility.
That way I get interest rates over 8% instead of 3.5% in Savings account.
Please share your thoughts on this.