Term Deposits: Are They Worth It? | Episode 105
Cheques & Balances - A podcast by Cheques and Balances
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Interest rates in New Zealand have been on the rise lately, and while this may be bad news for borrowers, it is great news for savers. With all banks now offering over 5% on a one-year term deposit, Heartland bank has even gone as high as 5.7%. As a result, many people are considering putting their money into term deposits to take advantage of these good rates. But is this a good idea for everyone? Hosted on Acast. See acast.com/privacy for more information.
