"High" Interest Savings Accounts (HISA) - Not So High Anymore. What Should We Call Them Now?

In this brave new world of easy credit and low/negative interest rates, the term "High Interest Savings Accounts" is slowly becoming obsolete. Think about it. Are we still going to call it a "High Interest Savings Account" when it only offers 1%? What if you have to pay the bank to store your cash?

We need a new name for the new age. Some suggestions:

Relatively High Interest Savings Account (RHISA) - compared to other countries with even lower interest rates, this statement is true.
So-so Interest Savings Account (SISA) - a more modest term.
At-Inflation Interest Savings Account (AIISA) - barely beating inflation is an achievement these days.
Australia Housing Market Bubble Fund (AHMBF) - admit it, that's what we're basically saving our money for in the first place.
Future Government Savings Raid Fund (FGSRF) - if our governments continue on their neo-liberal, "tricky down theory", low corporate tax rate path, eventually they're going to run out of money. They'll then probably steal our superannuation, and then our bank accounts, Greece-style.
Online Savings Account (OSA) - yeah but this ain't funny.

Any others?

Poll Options

  • 0
    **Relatively High Interest Savings Account (RHISA)** - compared to other countries with even lower i
  • 0
    **So-so Interest Savings Account (SISA)** - a more modest term.
  • 0
    **At-Inflation Interest Savings Account (AIISA)** - barely beating inflation is an achievement these
  • 1
    **Australia Housing Market Bubble Fund (AHMBF)** - admit it, that's what we're basically saving our
  • 1
    **Future Government Savings Raid Fund (FGSRF)** - if our governments continue on their neo-liberal,
  • 1
    **Online Savings Account (OSA)** - yeah but this ain't funny.

Comments

  • +1

    FIGJAM

  • +1

    BIKIES

    • +1

      Bye Interest. Kiss Interest Eternally Sayonara.

  • +2

    WIFE

    WITHDRAWELS INEVETABLE FOREVER & ever

  • Banks stealing you and profiteering off your money - No too catchy but certainly gets to the point

  • +1

    Mattresses.

  • +3

    Interest Savings Investment Security

  • +2

    IDGAF

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