What's the best interest rate for cash over 50,000 right now. I have been moving my money around with all the introductory offers but its becoming a little cumbersome.
I currently have it in Rabobank which is about to mature. Will need to access every 4 - 6 months or so.
You'll need to provide more information about your requirements and what kind of account you're referring to.
2.75% for 4m, AMP I think.
The market is pricing in a possible rate drop next month, so factor 25bp below that.
Try: (links are old, so you'll need to search)
http://www.canstar.com.au/savings-accounts/compare-online-sa…
http://infochoice.com.au/banking/savings-account/term-deposi…
The market is pricing in a possible rate drop next month
Another one? :-(
Yeap. Looks like is going to continue.
Thanks
You're not going to get good rates, we're currently having the lowest interest rates in history. Introductory rates are just that, marketing campaigns to get you in the door. Consume or invest.
I find that UBank are consistently good and you only have to deposit $200 per month to get 2.41% at the moment. I know it's pathetic but it's one of the best out there.
Thanks to all who posted.
https://www.ozbargain.com.au/node/445043/comments