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Deposit accounts are attractive for investors because they are a safe vehicle for maintaining their principal, earning a small amount of fixed interest, and taking advantage of deposit insurance.
Conservative investors tend to invest in fixed deposits (FDs) of banks for the security and assurance they offer. Here we examine the returns given by different post office schemes and compare ...
A 3-year fixed deposit (FD) can be a good option for investors who don't need immediate returns, but want them in the short term. These FDs offer a guaranteed option to provide a monthly income for 3 ...
Firstly, you’ll have to hit a minimum deposit requirement of $20,000. And secondly, the highest interest rate you can get is slightly lower, at 2.30% p.a. for a 3-month period. There is a plus point ...