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Comment by wingworks

5 days ago

For those few living in NZ, I've made a site that lists all the bank saving rates (and TDs), and ranks them by best to worst. This is mostly intended for people who know what they're doing. So don't just pick the highest and roll with it. Higher return usually comes with more risk.

Also, the biggest banks usually have the worst rates, this also goes for Kiwisaver, don't put your Kiwisaver with a bank, it'll do poorly compared to the lowest fee options we got in NZ. e.g. InvestNow (Foundation Series funds) / Kernel / Simplicity.

Still needs some work, like showing which rates are variable, or extra high risk.

Pretty quickly hacked together, to be very utilitarian, and practical. Don't see ever making money on it, made it more for me.

https://savingrates.netlify.app/