Does anybody use BrokStock?

[Smiggles]

Nice even better then Tyme bank etc.

 

[icarusza]

Hey guys, any gotchas with using this as an emergency fund?

I mean dumping R100k+ into Brokstock and just leaving it uninvested at 10% interest seems pretty appealing compared to roughly 7% at banks.

 

[airborne]

Hey guys, any gotchas with using this as an emergency fund?

I mean dumping R100k+ into Brokstock and just leaving it uninvested at 10% interest seems pretty appealing compared to roughly 7% at banks.

What savings instrument is that and is it some kind of call account or fixed deposit?
Are savings deposits protected on this platform?

 

[FiestaST]

She is punting out a vid sponsored by BrokStock