Depositors should shop around for better rates

As interest rates continue to drop it is worthwhile shopping around to find another home for funds held on deposit, or to secure…

As interest rates continue to drop it is worthwhile shopping around to find another home for funds held on deposit, or to secure the best rate of interest. Many investors are doing deals with the financial institutions where they are paid a more attractive weekly or monthly rate of interest on their savings, instead of an annual rate, rolling them over at the end of each term.

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