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AMP Bank now offfering 6.86% on TD 1 Year

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Its starting - more and more are offering near the 7% rates - so if you still have money left to invest

This one is higher than Ubank or Westpac

6.86% but you need to have $25K or more (6.66% under $25K) There are monthly quarterly and half yearly interest payment options

here's still my previous post at Newcastle Permanent with 7% but thst's hard to get to for those not north of Sydney
http://www.ozbargain.com.au/node/19666

Then there's Maitland Building Society at 7.12%

Suncorp's +.25% over majors has now finished so they are currently only 6%

Some credit unions are now offering up to 7% so worth checking them out as well.

So the tide is changing - looks like TD's are back in favour with the financial institutions - you gotta wonder why they were so biased towards short term deposit accounts even when interest rates were rising.

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closed Comments

  • great research. Thanks ozpete

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