
What you should be paying on your borrowings (and getting on your cash)
The upside of higher interest rates is that you might get more on your money in the bank. But it turns out that anyone who uses a 'bonus' account (which is where the banks offer the best rates) must satisfy the terms and conditions each month.And guess what? More than 40 per cent of savers in this category don't meet their T&Cs each month - that means they don't get the rate rise. With rates rising it’s time to get across the numbers.
In today's show, we cover:
Sally Tindall, data insights director at Canstar joins Associate Editor, James Kirby in this episode.
In today's show, we…
The skinny
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