4% is so yesterday for term deposit savers now - Interest.co.nz

Challenger banks continue to push up one year term deposit offers, now as high as 4.2%, with five year offers out to 4.75%. But the 4% threshold hasn't yet been breached for terms under one year

In this rising interest rate cycle, SBS Bank kicked off the "4%" offer series in early June with a one year term deposit (TD) offer. It was special then because the average main bank one year offer w… [+4035 chars]

full article...