I can see why you're interested in CSH2.L. It's because it's an ETF, and so is available on your ETF platform, for your spare cash.
Trading-cash is very slightly better - it pays 4.6% AER at the moment, compared with from what I can work out CSH2 YTD 1.6% > 4.36% AER.
The T cash is instantly liquid - instant buy or sell, 24/7. Plus, there's no spread and no risk and no volatility and no fee ... it is 100% certain, if you like.
But CSH2 is almost the same - it pays a squinch less, there'll be tiny volatility and bid/offer spread, there is that 0.07% fee, you can only buy sell during trading hours... I mean when the exchange is open.
A squinchissimal advantage of CSH2 is that if the interest rates drop, it's likely to lag slightly aswhere T-cash's interest rate changes immediately.
In sum, there's pretty much no difference between them, but for you, it's important because your ETF platform doesn't offer interest on cash, so it's CSH2 or nothin.
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