Are Local Fixed Deposit Rates Too Low?

Are Local Fixed Deposit Rates Too Low?

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4 replies [Last post]

Thu, 08/27/2009 - 15:08

Qotion_Admin

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Joined: 02/05/2008

Cast Your Vote:

Local fixed deposits typically yield a return of less than 1% per annum and lock in your capital for at least a few months. Do you think it is worth it? Share your views here!

Fri, 08/28/2009 - 17:24

Michael

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Junior Qotioneer

Joined: 03/07/2008

There is an option of getting just over 1% if you lock in your money for 36 months!

Fri, 09/04/2009 - 12:45

Michael

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Junior Qotioneer

Joined: 03/07/2008

Mon, 08/31/2009 - 11:54

zexter

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Joined: 08/31/2009

Do local fixed deposit rates change regularly?

Mon, 08/31/2009 - 18:40

Goldribbons

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Qotioneer

Joined: 03/06/2008

Yes they do! For sure! Although it seems to be a low board-rate all around right now, there are promotions given by Banks to entice customers to make the switch.