'Be a rate tart': switch savings accounts to get rates above 3pc

By Nicole Pedersen-McKinon
Updated October 17 2017 - 10:04am, first published September 24 2017 - 12:09am

Dear Nicole,
I note that in a recent column you recommended placing spare funds of $60 in a high interest bank account. Could you please advise how one finds such a thing? The best I can find is 2.5 per cent for a fixed deposit. I am living on super and would love to be able to place other savings into an account that offers access to funds and ensures I am not going backwards due to cost of living etc. Your advice would be appreciated.
Lori, Bayside Area