Term deposit savers struggle to get their share of recent rate rises - Interest.co.nz


6/12/2022 12:00:00 AM2 years 10 months ago

Term deposit rates are rising, but not as fast as either wholesale rates or home loan rates

The recent appearance of a 4% rate for a one year term deposit, from SBS Bank, is indicative of the fast-moving rate landscape for savers. Although you can now get a 4% or higher rate for terms of f… [+2756 chars]

full article...