Just noticed yesterday the bonus rate for 4 months is 5.35% instead of 5.50% before. I didn't pay attention to the standard rate so not sure if it changed too.
Let's see if it's just for Macquarie Bank or starting another rate decreasing cycle.
Macquarie Bank Reduces Its Welcome Bonus Rate for High Interest Savings Account
tooblue on 29/02/2024 - 10:48
Last edited 29/02/2024 - 10:55 by 1 other user
Last edited 29/02/2024 - 10:55 by 1 other user
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Getting close to the time when savers are going to be punished again with falling interest rates.
do your bit and stimulate the economy. CPI falling, you are now mandated to
And as per every banks M.O. those drops will be much heavier handed than the increases ever were
Gretel wants a new lipstick!