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  #21  
Old 08-30-2007, 07:53 PM
Alobar Alobar is offline
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Default Re: AP Interest Bearing Account

[ QUOTE ]
Am I the only person who sees this as bad somehow? It almost seems like they're so desperate for money, they'll offer something they might not be good for.

[/ QUOTE ]

back in the day party poker gave 10% on accounts
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  #22  
Old 08-30-2007, 08:06 PM
TheOneWizard TheOneWizard is offline
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Default Re: AP Interest Bearing Account

I haven't heard back yet from the VIP dept. I sent a second email directly to a guy who works for Absolute that I met at the World Series. Hopefully, I'll know more soon.
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  #23  
Old 08-30-2007, 08:12 PM
LoyalFrush LoyalFrush is offline
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Default Re: AP Interest Bearing Account


I just had a quick chat with support.
They are going to send me detailed info but they did confirm it begins Sept 1.
Hopefully this will start a trend at other poker sites.
Good stuff.
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  #24  
Old 08-30-2007, 08:15 PM
MicroBob MicroBob is offline
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Default Re: AP Interest Bearing Account

[ QUOTE ]
It's a very new and unique incentive for players to flock to the site

[/ QUOTE ]


As Alobar mentioned, this is neither new nor unique.
Party gave interest way way back in the day.

Definitely a decent way for a site to potentially grab some VIP level players from other sites and get more of their money onto the site and get them to keep it there.

Depending on the requirements of this I would definitely consider attaining Elite status or whatever on AP just for this.
Probably won't end up doing it. But if anything is going to get me to deposit and play on AP I'm thinking something like this might be it.
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  #25  
Old 08-30-2007, 10:12 PM
TheOneWizard TheOneWizard is offline
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Join Date: Mar 2006
Location: One Downswing Away From Busto
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Default Re: AP Interest Bearing Account

*Update*

I just got a reply from the VIP Dept.

[ QUOTE ]
We are glad to confirm that we are indeed having a promotion where VIP elite customers can receive a 9% interest on their account balance, as long as they don’t withdrawal or transfer the funds in their account. Further information will be released on our website tomorrow September 1st, which is when this new benefit will start to apply. However, we can inform you from now that we are
releasing this interest bearing account, for players to receive 9% per annum interest, based on your average daily balance. Certain terms and conditions will apply, and you should find all details soon in the VIP section of our website.



[/ QUOTE ]

So the thing that jumps out at me is "As long as they don't withdraw or transfer the funds in their account." So we can't take our money out? That makes it tough to live. I guess we'll know more tomorrow.
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  #26  
Old 08-30-2007, 10:25 PM
dlk9s dlk9s is offline
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Default Re: AP Interest Bearing Account

Maybe you can't withdraw for a certain period of time or something.
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  #27  
Old 08-30-2007, 10:50 PM
Euphoricism Euphoricism is offline
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Default Re: AP Interest Bearing Account

Sounds like its good for

A) the poor suckers who have real jobs and rarely/never withdraw from poker [I secretly envy them, and they envy us. hmm.]

B) The guys who play SO MUCH that they can drop that portion of their 'roll that always sits unused into the account, play at other sites for their "daily" playing, all while keeping up the minimums at AP to stay eligible.
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  #28  
Old 08-30-2007, 10:52 PM
Euphoricism Euphoricism is offline
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Join Date: Jun 2006
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Default Re: AP Interest Bearing Account

[ QUOTE ]
Maybe you can't withdraw for a certain period of time or something.

[/ QUOTE ]

If i had to guess, they'll probably have a minimum-balance to stay eligible.
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  #29  
Old 08-30-2007, 11:09 PM
joop joop is offline
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Default Re: AP Interest Bearing Account

Big question for me, hopefully someone can answer...

How safe is it to have 100k sitting in AP?
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  #30  
Old 08-30-2007, 11:31 PM
dlk9s dlk9s is offline
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Join Date: Nov 2004
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Default Re: AP Interest Bearing Account

[ QUOTE ]
Big question for me, hopefully someone can answer...

How safe is it to have 100k sitting in AP?

[/ QUOTE ]

thinly veiled brag
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