Reviews tagged ‘interest rates’
Savings Rush
Credit Crunch Causes Savings Rush The current financial crisis hitting the world money markets is leading to a record volume of savings account deposits being made. As share holders see the values of the portfolios plummet there are many that are looking to move their investments into something much safer and a high interest savings account seems [...] More Info »
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Last chance to secure best interest rates
Australian banks cut savings rates ahead of RBA announcement The days to secure the best savings rates seen in over a decade are numbered in Australia as banks start to lower their rates in anticipation of an expected cut by the Federal Reserve bank next month. In the past couple of weeks the 12 month term deposit [...] More Info »
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Term Deposits Explained
Term Deposits Explained Term deposits, sometimes called certificates of deposit, differ from regular savings or checking accounts in that you agree to leave your money on deposit for a specified time, or term. In return, the bank pays you a higher than average interest rate. In many cases these accounts also require a higher opening deposit [...] More Info »
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