Bankwest Fixed Deposit Rate Australia
In this month of July Fixed Deposits Rates shares fixed deposits rates of interest to our readers with this post entitled: Bankwest Fixed Deposit Rate Australia.
We provide updates on certain financial investments on our site. As part of our standard disclaimer, Bankwest Fixed Deposit Rate Australia quoted on our finance site are subject to change without any notice.
By the time you read them, Bankwest Fixed Deposit Rate Australia may be different what you see here. Thus before you invest in these financial products like savings accounts, money market accounts or cash in deposit accounts and other financial products, you should verify fixed deposit rates with bank or financial institution. Read more…
CDs or Savings Accounts in Today’s Interest Rate Environment?
by Ken – Bank Deals Guy Poll: What percentage of your savings do you have in CDs? Submit Your Answer
A reader recently asked me why open a CD when rates are so low. Wouldn’t an internet savings account be better until rates are higher?
Last year at this time many had thought we would surely see higher rates in 2010. In July 2009 there were a few savings accounts with a 2.50% APY. The best 1-year CD rate was 2.50% APY, and the best 5-year CD rate was 3.91% APY.
For the last year rates have continued to fall.
Asset Protection Agency forces RBS to appoint external advisers in dispute over toxic loans
Royal Bank of Scotland has been forced to appoint external advisers to settle disputes overs loans insured by the asset protection scheme, it emerged today, as the UK body set up to insure the toxic assets at the heart of the credit crunch reiterated that the taxpayer should make a £5bn profit from protecting banks’ problem loans.
The Asset Protection Agency (APA) has the powers to force RBS, which is 84%-owned by the taxpayer, to appoint external advisers when the two bodies cannot agree on how to handle a particular toxic asset, and has now done so in a “handful” of cases.
Top Jumbo Long-Term CDs at USAA Bank – Available Nationwide
Friday, July 23, 2010 – 7:22 AM by Ken – Bank Deals Guy
With the standard FDIC deposit insurance limit permanently set to $250K, depositors can now open jumbo long-term CDs without worrying that some of the amount will become uninsured in 2014. For those who prefer to stay under the standard limit, this gives you more choices. One bank to consider is USAA Bank which has some very competitive long-term super jumbo rates. These are listed at USAA Bank’s CD rates page and at the IRA CD rates page as of 7:00am on 7/23/2010:
- 2.56% APY 3-year CD, 6-mo EWP
- 2.81% APY 4-year CD, 6-mo EWP
- 3.31% APY 5-year CD, 6-mo EWP
- 3.86% APY 7-year CD, 12-mo EWP
The super jumbo 15-month CD is also competitive with a 1.60% APY.
These rates require a minimum deposit of $175K.
Merle Hazard, credit crunch country star, turns to Greek debt crisis
Worried the European Union could crumble like Feta cheese? Merle Hazard is.
The credit crunch’s favourite country singer has taken on the thorny issue of Greece. The stetson-toting singer is behind such gems as Bailout and In the Hamptons, a parody of the Elvis Presley hit In the Ghetto about the fate of a mortgage bond trader. He now has some suggestions for how Greece can clamber out of financial meltdown.
The global recovery has failed to stem a rise to worldwide internet fame for Merle – also known as Nashville-based money manager Jon Shayne. N
NEFCU in New York Expands Membership – More Can Qualify for its High-Yield Reward Checking
Nassau Educators Federal Credit Union (NEFCU) has expanded its field of membership which should give many more New Yorkers access to its high-yield reward checking account which is paying 4.00% APY on balances up to $25K as of 7/18/2010. The credit union is now open to all those who live, work, worship or attend school in Suffolk or Nassau County, New York. Previously, it was only open to certain professionals in those counties. Please refer to the credit union’s eligibility page for the full details.
I first reviewed this reward checking account in December 2008. It’s nice to see that the 4.00% APY has held since that time.