Bank customers want the best service, not the highest interest ratesDavid Prosser
Today, however, the demise of the last-standing 5% high-yield savings account, andBrilliant Bank's4.85% rate on its Surge Money Market account, is the new leader. With the leading savings account rate in the country down to 4.75%, most savers can now earn more with Br...
TheBank of Japanhas raised short-terminterest ratesby a quarter point, the highest in 17 years, signalling efforts tonormalise monetary policy in response to persistent inflationand increasing wages. The central bank raised the policy rate to “around 0.5 per cent” by a vote of 8-1, concludi...
interest to be received over a 365-day year, regardless of the bank's own method of compounding (daily, weekly, monthly, etc.). Therefore, the use of APY creates a level playing field through which to compare returns from bank accounts and CDs that may use differing compounding methodology...
HARARE–Zimbabwe will keep the world’s highest benchmark interest rate of 200% into next year as it prioritizes economic stability ahead of high growth rates, Finance Minister Mthuli Ncube said. “I think once we see that downtrend in month-on-month inflation being sustainable, maybe over a...
HARARE (Bloomberg) --Zimbabwe’s central bank warned it may raise interest rates even further if price-growth accelerates. “If we see inflation going up in February and in March, brace up for very high interest rates,” Reserve Bank of Zimbabwe Governor
“A more credible central bank might have been able to leave interest rates on hold today. Indeed, two members of the Monetary Policy Committee (MPC) voted to do just that. The full impact of previous rate increases has yet to be felt and there are still good reasons to expect inflation...
Digital bankRevolut, which provides the global fintech platform and super-app claiming over 10 million users in the UK and 50 million worldwide, has significantly enhanced the interest rates for its UK Instant Access Savings account. With rates now as high as 5% AER (variable), ...
2. Quontic: High Interest RateQuontic is a unique digital bank known for its variety of checking accounts with great rewards (including the first ever Bitcoin-back account). It also has impressive savings rates.The High Yield Savings Account offers one of the best rates we can find. It ...
TOKYO (Reuters) - The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President Donald Trump's tariff threats could upend markets. ...