Absolute Poker has just announced that "Elite" members will now earn 9% interest on monies in their account.

This was issued today in an email for "Elite" members only. This 9% interest is 4% more than the standard high earning interest rates most banks pay out.

The initial email sent out to "Elite" Absolutepoker.com members was vague to say the least.  At first it only stated the following.

"Better than the Bank - Elite members can now earn 9% interest on their AP account balance with our new interest bearing account."

The full details of this "interest bearing" account promo are below.  To read the full details and disclaimer go to Absolutepoker.com and visit their VIP section.

• Maximum balance eligible is $500,000
• You Must be Elite
• Your average daily balance must be greater than $1000 (balance snap shot taken once per day)
• You may not have any payouts during the calendar month
• You must earn the VIP points needed to maintain your Elite status during the calendar month
• Interest credits to your cash account will be given within the first 7 days after the closing of the previous calendar month
• All issues not covered in the terms and conditions will be decided on by Absolute poker, and all resolutions will be final
• Absolute poker reserves the right to withdraw this program at any time, with 10 days notice