term deposit interest rates
Banks may be offering about -1% less for term deposits now than they have historically, when compared to the wholesale cost of money. And the RBNZ is calling them out on it
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Banks may be offering about -1% less for term deposits now than they have historically, when compared to the wholesale cost of money. And the RBNZ is calling them out on it
Government guaranteed term deposits fall to new record low rates, raising the premium offered by banks even though both offer less than CPI inflation
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Government guaranteed term deposits fall to new record low rates, raising the premium offered by banks even though both offer less than CPI inflation
Term deposit rates are historically low and tightly bunched, but there are still opportunities. We compare where rates are at the start of 2020, and look at some practical options
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Term deposit rates are historically low and tightly bunched, but there are still opportunities. We compare where rates are at the start of 2020, and look at some practical options
Term deposit rates are tightly bunched, but there are still opportunities even when rates are low. We compare where rates are at the start of 2019, and look at some practical options
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Term deposit rates are tightly bunched, but there are still opportunities even when rates are low. We compare where rates are at the start of 2019, and look at some practical options
ANZ increases interest rates on one to five year term deposits
ASB withdraws its lowest mortgage rate special; widens terms on 2 year special; raises TD rates
ASB withdraws its lowest mortgage rate special; widens terms on 2 year special; raises TD rates
Westpac has raised some longer term TD rates by as much as 60 bps, bringing it up to market best
Westpac has raised some longer term TD rates by as much as 60 bps, bringing it up to market best
Westpac is the latest bank to reduce its term deposit rates, cutting its local funding costs
Rates on the move
A low OCR and weak loan demand means weakening term deposit rates