Term Deposits - August 22nd Notice Saver Account: Lock away your money & access it within weeks Several New Zealand banks are offering savers something a little different than term deposits. A compromise, if you will, between locking away money out of reach and having it too easily accessible for a spur …
Finance News - August 22nd NZ economic growth: Term deposits, OCR and the NZ Dollar? There’s no denying that the marriage of interest rate and savings has been a rocky one of late but, with the Reserve Bank of New Zealand’s latest monetary policy review, the outlook is a bit …
Term Deposits - August 22nd Term deposits traps: Always read the fine print The days of 9% term deposit rates are a distant memory but banks remain fiercely competitive in a bid to win your investment dollar. And, while retirees may not get the same returns on their …
Term Deposits - August 16th Investment options: Fixed interest and where to start Putting your savings in the bank might be the go-to for many people, but it’s not everyone’s first choice out of the fixed interest investment options. They’d rather put their money elsewhere. That “elsewhere” in …
Term Deposits - August 16th How to negotiate a better term deposit rate Negotiation is just as powerful a tool when shopping for term deposits as it is when shopping for a car or a new fridge. You are probably already comfortable with walking into a shop and …
Term Deposits - August 15th 8 ways banks make a profit off you Love it or hate it, banks provide a service that most of us use regularly – if not daily. The further you go in understanding how banks work, including the ways banks make money, the …
Finance News - August 15th Why the RBNZ cash rate was cut Economists predicted a cut to the Reserve Bank Cash Rate, but what does the current cash rate of 2% mean for borrowers and Term Deposit savers? Reserve Bank Cash Rate: why it was cut On …
Term Deposits - August 14th Kiwibank: Award winner for term deposits Why Kiwibank is our 2016 winner Kiwibank is our term deposits winner for the third year in a row – well done, Kiwibank! Here are just some of the reasons why: They have the top interest …
Term Deposits - August 12th How NZ stacks up against global cash rates Co-author: James Hurwood New Zealand’s OCR is now sitting at a record-low 2%, after the Reserve Bank of New Zealand released its monetary policy on 11 August. In saying this, New Zealand’s cash rate is pretty …
Finance News - August 4th Long vs short term deposits: What’s right for you? Six months or two years? One year or five years? Choosing the correct tenure to get your best term deposit rates in New Zealand can be quite the minefield. The choice of tenure of your term …
