Absolute Poker offers interest-bearing accounts to VIP Players

Remember the good old days when Party sued to pay players interest on their account balances? Well, the current days are the new good old days … or something. A press release from Absolute Poker announcing the introduction of interest-bearing accounts:

Absolute Poker Announces 9% Interest Bearing Account for Elite VIP Members

Absolute Poker enhances the online poker experience with the announcement of a 9% interest bearing account for Elite VIP players.

Miami, FL (PRWEB) August 31, 2007 — It pays to play online poker — especially if you’re one of Absolute Poker’s VIPs. Starting September 1st, Elite VIP Members will earn 9% interest per annum on their Absolute Poker account balance with a new interest bearing account.

“We’ve taken the Elite level of our VIP program from rewarding to extraordinarily lucrative,” stated David Clainer, Senior Vice President for Absolute Poker. “Why withdraw when you can build your bankroll in interest alone?”

The 9% per annum interest bearing account is based on a player’s daily balance and requires an average daily balance greater than $1,000. The maximum eligible balance is $500,000.