Kiwibank special goes

Tuesday, December 20th 2011, 7:24AM 1 Comment

Kiwibank has ended its six month special hiking the rate from sub-five percent to 5.65%, Although it is a big move it still is towards the bottom of the table (ie: cheapest).

The other thing to consider is that since no one really sees rates rising why fix for six months when you can go floating? Interestingly enouugh the new rate is identical to Kiwibank's floating rate. When compared with its competitors it is pretty much one of the sharpest carded rates in the floating market.

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Comments from our readers

On 20 December 2011 at 9:22 am Dave said:
It may be the cheapest CARDED rate but other main banks negotiating much less for 6 month rate at present
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