Finance News
Interest rates are on the up and it’s not all bad news. If your a saver then it’s time to make the most of it and shift your savings account up a notch.
How to choose a term deposit account online. How to compare features such as terms, interest rates and fees for best returns
Recent events in the world economy have served as a stern reminder of how quickly and dramatically things can go wrong. If there is one lesson to be learned from it all, it is that we all need a safety net. Here is some advice on how you can save for that rainy day.
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As well as the convenience of 24/7 Internet banking online high interest savings account products offer several other distinct benefits over standard savings accounts. Find out key benefits before you apply.
It is widely agreed that in the current economic climate that saving, rather than borrowing, is the wisest choice. However, low interest rates mean it can be difficult to get a decent return on your savings so it is important to find the best savings account for you.
Term deposit accounts are a great way to save money. They offer higher interest rates than the average savings account and you know exactly how much you will make on your investment as interest rates are fixed.
In times of deep financial crisis, banks are often exposed to higher risks. That is why it is not surprising to ask if the money in your savings accounts would be safe.
High interest savings accounts and term deposits both have their place but how do they differ and which is right for you?
If you are looking for a more flexible but high-yield deposit account, an online savings account could be an attractive option.
Big Rate Cuts Expected
Economists and financial media are predicting that the Reserve Bank of Australia may make some large interest rate cuts when it meets in February 09. The bank has already cut official rates by three percentage points in recent months and is expected to go further after recent figures show the economy continues [...]