Historical Savings Account Interest Rates Chart at Chart

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Historical Savings Account Interest Rates Chart. Historical savings account interest rates see how official interest rates and the standard variable savings account rates offered by australian banks have moved since 2012. This expands the row so you can review some of the account details.

The Pros And Cons Of Miniscule Savings Account Yields
The Pros And Cons Of Miniscule Savings Account Yields from awealthofcommonsense.com

Essentially, low interest rates are generally good for borrowers, but bad for savers. Rfc savings (for returning nris) interest rate. The nsc interest rate in 2020 and 2021 currently stands at 6.8%, compounded annually.

The Pros And Cons Of Miniscule Savings Account Yields

The nsc interest rates are fixed by the government and revised quarterly. Interest rates will stay near zero for at least three years as the federal reserve enacts measures to prop up the economy. South africa deposit interest rate is at 4.88%, compared to 7.01% last year. These rates are low, historically speaking — in 1950 the rate was 1.59 percent and it rose to a whopping 13.42 percent in 1981.