savings accounts
[updated]
Second chop: who changed what and by how much. Here is a summary of the main floating rate changes, along with the announced changes to savings account rates
9th Oct 24, 2:12pm
11
Second chop: who changed what and by how much. Here is a summary of the main floating rate changes, along with the announced changes to savings account rates
[updated]
Perhaps surprisingly, at-call cash accounts can return income better than inflation, after-tax. We identify which ones do that in an assessment of all interest-earning savings accounts
17th Apr 24, 11:37am
24
Perhaps surprisingly, at-call cash accounts can return income better than inflation, after-tax. We identify which ones do that in an assessment of all interest-earning savings accounts
ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s
19th Jun 23, 3:25pm
4
ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. So what are the changes for bonus savers so far?
17th Apr 23, 10:49am
16
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. So what are the changes for bonus savers so far?
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
23rd Aug 22, 2:27pm
2
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
Our 'excess' savings held in low- or no-interest accounts is keeping us liquid at a considerable cost, one we seem prepared to pay in case emergencies befall us
22nd Mar 22, 9:40am
44
Our 'excess' savings held in low- or no-interest accounts is keeping us liquid at a considerable cost, one we seem prepared to pay in case emergencies befall us
Small but widespread moves up in at-call interest rates are finally happening to reward savers who have been patiently waiting with rising balances
1st Dec 21, 2:27pm
12
Small but widespread moves up in at-call interest rates are finally happening to reward savers who have been patiently waiting with rising balances
While interest rate offers between banks for home loans or term deposits are tightly bunched, that is not the case for savings accounts
25th Feb 19, 10:33am
4
While interest rate offers between banks for home loans or term deposits are tightly bunched, that is not the case for savings accounts
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
30th Jul 18, 11:29am
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
The combination of boomer demographics and a weakening economy is depressing term deposit rates. Thus David Chaston says the prospect is for lower rates in the future
30th Jun 18, 9:17am
40
The combination of boomer demographics and a weakening economy is depressing term deposit rates. Thus David Chaston says the prospect is for lower rates in the future
Two banks announce special term deposit offers, both for terms less than one year, and both with rates that compare well with an 18 month term
20th May 18, 10:05am
19
Two banks announce special term deposit offers, both for terms less than one year, and both with rates that compare well with an 18 month term
ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure
26th Feb 18, 9:29am
ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure
The Red Bank reduces a set of term deposit rates, plus one mortgage rate, but resists the urge to make any of them market-leading
7th Feb 18, 12:32pm
3
The Red Bank reduces a set of term deposit rates, plus one mortgage rate, but resists the urge to make any of them market-leading
TSB launches a raised 18 month term deposit offer among two other rate adjustments, one up, one down. It is the fourth bank to move this month
30th Jan 18, 8:16pm
7
TSB launches a raised 18 month term deposit offer among two other rate adjustments, one up, one down. It is the fourth bank to move this month
ASB trims two key term deposit rate offers, raises one in changes that merely reposition its rate card to line up with its main rivals
29th Jan 18, 10:29am
ASB trims two key term deposit rate offers, raises one in changes that merely reposition its rate card to line up with its main rivals
SBS Bank makes a play for term deposit funding with a market-leading one year 'special' of 3.70%. It comes as rivals sit tight on relatively low rate offers
25th Jan 18, 7:22pm
SBS Bank makes a play for term deposit funding with a market-leading one year 'special' of 3.70%. It comes as rivals sit tight on relatively low rate offers
New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
18th Jan 18, 5:43pm
3
New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
While ANZ trims term deposit rates, Westpac launches a one year rate at 3.70%, defying a general downward trend
1st Dec 17, 8:40am
While ANZ trims term deposit rates, Westpac launches a one year rate at 3.70%, defying a general downward trend
Another bank reduces its longer term deposit rates as wholesale rates trend lower. That leaves NZ's largest bank with a premium offer for these terms
25th Aug 17, 9:10am
5
Another bank reduces its longer term deposit rates as wholesale rates trend lower. That leaves NZ's largest bank with a premium offer for these terms
Wholesale interest rates are rising, especially at the long end. We look at what retail term deposit investors are being offered and who has the higher rate enticements
3rd Jul 17, 1:20pm
6
Wholesale interest rates are rising, especially at the long end. We look at what retail term deposit investors are being offered and who has the higher rate enticements
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
7th Feb 17, 12:04pm
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
28th Jan 17, 11:02am
10
Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
19th Jan 17, 10:24am
6
ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
12th Jan 17, 3:35pm
2
We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
8th Jan 17, 8:08am
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We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market