About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Friday, January 17th, 6:05PM
rss
Latest Headlines

Marac launches high interest account

Marac has launched a new savings account which gives investors the ability to make automated monthly deposits.

Thursday, November 27th 2008, 3:20PM
The Marac Rapid Saver account is designed to help investors reach their savings goals more quickly and is in response to the tough economic conditions where saving becomes more difficult.

“With the rising cost of food and general living, many New Zealanders are having to tighten their belts,” says Andrew Ford, retail investment manager. “This is a product developed for Kiwis and offers competitive interest rates, a good deal of flexibility and is easy to invest in.”

The key features of the account are:

  • Low initial deposit amount of $1,000
  • Regular automatic monthly contribution to help grow the investment rapidly
  • No minimum monthly contribution
  • Flexibility to increase or decrease monthly contributions or to take a “contribution holiday”
  • No fees or transaction charges
  • A range of investment terms from 12 months to five years.

Marac has also been accepted into the deposit guarantee scheme.

« Who has got a guarantee?Lombard posts loss »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
Today's Best Bank Rates
Rabobank 1.75  
Based on a $50,000 deposit
More Rates »
News Bites
Latest Comments
  • Partners Life criticises Vitality
    “bay broker good points but I get the point about premiums increasing when sick. I have Vitality personally and I have qualified...”
    20 hours ago by taka dan
  • Don't hold your breath for life insurance reform
    “That's a good observation from @JPHale there. "2% of sales" has even less meaning when you don't know if it's 2% of premiums...”
    21 hours ago by Denis
  • Partners Life criticises Vitality
    “I've added Vitaltiy to a number of clients' new covers. I have also sold AIA cover without it. As with all advice it is...”
    1 day ago by BayBroker
  • Don't hold your breath for life insurance reform
    “Having read both the article and the comments I can only agree with what has been said in the comments. Further, I am...”
    1 day ago by BayBroker
  • David Whyte's 5 predictions for 2020
    “@ number 2: LOL - don't hold your breath. And besides, even if they did do it, if someone needs it they should probably already...”
    2 days ago by All hat no cattle
Subscribe Now

Deposit Rates newsletter

Previous News

MORE NEWS»

Most Commented On
News Quiz

The maximum remuneration model for Australian life insurance advisers is to be set at what?

Upfront 40% + trail 20%

Upfront 50% + trail 10%

Upfront 50% + trail 20%

Upfront 60% + trail 10%

Upfront 60% + trail 20%

MORE QUIZZES »

About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com