I hold AAA in my share trading account and can move on market opportunities as they arise, as mentioned it's just convenient place to park funds while waiting for other opportunities. Although its quick to withdraw from bank accounts it can take time to transfer to a trading account and that may be long enough to miss oppotunities. I don't day trade but do take advantage of temporary market mispricing.For example, I was able to take advantage of the flash crash in QRI on 22/7 to increase my holding at beloiw NTA which I wouldn't have been able to do if my funds were held with macquarie as it recovered by the end of the day and I am accumulating some high yielding LICs when the sharepirice hits my discount to NTA target . Incidently my at call "emergency fund" is with ANZ plus earning 4.9%
