QUOTE (gready @ Oct 31 2012, 04:05 PM)
I see everybody here is withdrawing everyday. So when my 180 days will end i can cash out my daily interest everyday? no matter what method basic or enhanced i use? or even cash out everything. It's that right?
If you have basic compounding on at less than 100 percent compounding, yes, you can withdraw interest on every business day. And you get your principal back after 180 business days (9 months).
Everything is locked under enhanced compounding, You have to wait til your enhanced period is over before you can withdraw interest. If enhanced expires after 180 days, you can cash out everything then. You choose which ehanced period you want. 90, 135, or 180 days.
Felmina now has a new short term plan where your investment matures after 90 business days instead of 180. Cept the rates under the short term are lower than the 180-day interest rates.
$20-$999: 0.8% per business day for 90 business days
$1000 - $4999: 1.05% per business day
$5000 or more: 1.4% per business day
You can use enhanced under the short term. And you can pick 45 or 90 days for the enhanced short term plan.
You get an extra 0.1% for 45 days enhanced. 90 days enhanced is an extra 0.2%
If you pick enhanced, and say after 45 days, your plan goes back to basic compounding for the other 45 days. And you can compound at less than 100 percent basic for withdrawing your interest daily for the other 45 days.
And after the 90 day period, your principal is available to be withdrawn (as well as any remaining interest).