Business
7 banks cut savings rates: Here’s where to stash your cash – Yahoo Finance Australia
Which savings account will give you the most bang for your buck?
Seven banks have now moved to cut savings rates amid speculation that the Reserve Bank will cut rates even lower.
NAB has been the latest to slash rates, following ING, the Bank of Queensland, Credit Union SA, Beyond Bank, Bank First and Arab Bank Australia.
It brings savings rates to some of the lowest levels Australians have ever seen.
When it comes to savings interest rates, prices are down. Today NAB sliced 0.10 per cent from savers rates, joining six others that have made similar moves i…
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