7% is higher than the CDIA which I think is around 5 point something % but I see the problem with keeping up with transfers for the trades.
The CDIA is preferable to this arrangement but I have a dark suspicion that in some not too distant future they may offer preferential discounted brokerage on the cash management only and not the cdia and I believe this is also all part to moving people off receiving paper statements as a cost cutting measure....
I expect if that change is implemented it will generate a lot of revolt for the above reason of inconvenience.
