The Barefoot Investor’s favourite ING savings account just slashed rates U-Bank looks like the best bet at present
Well, they are savings accounts. The returns are rather much better than rates given by any of the majors. Savings accounts can't be compared to other investments. They are there for money needed for quick access and for safety. There is a premium for the convenience. I wouldn't be surprised though to see even some of those low rates drop.
ING recently dropped, U-Bank looks to have held their rates Term Deposits must be looking pretty sad nowadays
Best savings!....... I feel that is an oxymoron? How many people are currently watching their financial independent retirements evaporate because they thought previously that cash was the safe option? Should change title to least worst savings account.
Quitting NAB and moving my accounts across to CUA this week. The interest rates are OKish but the flexibility with the savings accounts are really good (no stupid rules about tapping 5 times a month or losing your interest if you withdraw blah, blah) Savings and Term Deposits
We have an online account. Better interest than usual Banks. Still terrible no matter who you select. Truth be known; if you have an Offset account with a redraw; probably better to keep feeding that - in my opinion. But I'm no expert.