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ANZ has cut both its standard and conditional savings rates for the second time this year – NEWS.com.au
ANZ has cut both its standard and conditional savings rates for the second time this year
Savers have been dealt another blow with ANZ opting to slash deposit rates for the second time in 2021.The major bank has cut its standard and conditional saving rates by five basis points, with both products now garnering a return of less than half a per cent.
ANZ’s Progress Saver now has a maximum rate of 0.35 per cent on the conditions of a minimum $10 deposit a month and no withdrawals.
The bank’s standard Online Saver attracts a three-month introductory rate of 0.3 per cent before it reverts…
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