Today it is BNZ's turn to increase rates. It has hiked three, four, five and seven year rates for its Standard & Fly Buys and Global Plus products. At the same time it has removed its Classic two-year fixed rate and replaced it with a 5.89% three year rate.
As you will see here where we have sorted the table on the three-year term, the Classic rate is pretty competitive, but the changes to the other two products put them at the more expensive end.
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