Wrightson tinkers with rates across the board, ASB targets short money

PGG Wrightson Finance tinkered with its rates across the board this week, while ASB bumped up its three-month offer by 100 basis points. The bank’s internet BankDirect introduced a 12-month special at 5.4%.

Monday, 26 April 2010

Wrightson cuts its unguaranteed three-month deposits by 50 points this week, its six-month unguaranteed by 75 points and its guaranteed six-months by 25 points. It lowered its unguaranteed nine-month term by 10 points, while lifting its guaranteed terms by 15 points, and raised all of its 12-month deposits by 50 points. Unguaranteed 18-month rates were lifted 25 basis points, while unguaranteed two-year rates increased 50 points and guaranteed two-years were raised by 25 points. It cut its guaranteed three- and four-year terms by 35 and 25 points respectively, and it reduced its unguaranteed five-year deposits by 25 points and its guaranteed five-year deposits by 35 points.

Nelson Building Society lifted its three-year deposits by 20 points, and TSB cut it six-month terms by 25 points, while lifting its nine- and 12-month deposits by 25 and 15 points respectively.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Deposit Rates go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.