Australian (ASX) Stock Market Forum

Sneaky banks and really crap term deposits

ANZ are the best I've found in this respect. Send a letter a couple of weeks prior to date of maturing suggesting you consult them for current TD rates.

Then if you do nothing about, they send another letter within a couple of days of it rolling over with advice as to new rate.

I agree with the suggestion that it's up to us to monitor our end of the deal.

Bendigo Banks the same. We had 8% for a year but now it's only 4.65% for a year. We asked to take our money out, not enough....:headshake
 
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