The Motley Fool Discussion Boards

Previous Page

Financial Products & Services / Online Banking


Subject:  Re: Premier Notes Date:  5/10/2012  11:40 AM
Author:  joelcorley Number:  24186 of 24279


You wrote,

This is a vehicle by Duke Energy. It's really a means to invest in their debt. The ad in the local paper touts 1.61% APY. Since its a debt investment, it is not FDIC insured. But, it's an account with a lot of bank account similarities including free check writing above $250 and electronic transfers. Minimum balance is $1000 and no writing checks at the Walmart checkout to buy groceries. But, I suspect anyone interested in this would be looking for a place to store cash and receive a decent rate by today's standards.

I wonder if this discussion shouldn't be over on th