Fix your term deposits quick. Reserve Bank drops interest rates 1%.
While its great news for mortgage holders its bad new for savers.
1% drop in interest rates bound to effect term deposits & savings accounts so if you want to keep good interest, lock it in now with a term deposit!
Current best buys;
ASB $5000+ 7.8% for 5 months
Southern Cross Building Society $1000+ 8.3% for 12 months
They will be gone by monday at the latest if not before! Get in quick!