What sort of interest rates do your national banks pay out?
 

I'm curious what sort of rates your standard or semi-standard banks pay for at call funds (eg not locked in like a term deposit)

I have an ING direct account which pays 5.25% p/a: no fees, no minimum balance to get the full rate, plus interest is calculated daily and credited monthly so it compounds. It's an electronic account, you transfer money between that and a standard account at another bank.

Speaking of the standard account, the interest rate on that one is 0.01%... but only if you have more than $10k in it. :1orglaugh

5.25 rules. here in Canada ing direct pays out 2.25%

fucking joke.

What are mortgage rates like in CA?

BTW, when ING AU first opened they paid a whopping 6.95% p/a!