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Interest on Twitter
Westpac's 'chopper' rate aims to trump Kiwibank's 'TD Tuesday'
In a sign that the term deposit war may be firing up again, Westpac today moved to try and trump Kiwibank's offer of 4.75% for a 100 day term deposit by introducing a new short term 'chopper' rate of 4.8% for 70 days. To be eligible for the rate, a customer must donate at least NZ$5 to the Westpac Rescue Helicopter. Like Kiwibank's offer, the new Westpac rate will be available for four days. Kiwibank marketed its special rate through its 'TD Tuesday' campaign.
And next up joining the
And next up joining the rush for cash will be?????
westpac always reacts to kiwibanks
westpac always reacts to kiwibanks initiatives - trying to stop some customer slippage
Wally, I would be interested
Wally, I would be interested in your opinion of what you think is going to happen in the next year re interest rates, $NZ, economy etc. You seem to be a wise person. Cheers
Earlier this month I asked
Earlier this month I asked Westpac to match Kiwibank's one year rate for 100K deposit. They did.
The next greedy bank in
The next greedy bank in with 5% gets my money and its plenty i have been waiting for the banks to get the cactus out of their pockets.