Business

For savers unwilling to jump through monthly hoops, AMP offers 5.50 per cent on balances up to $50,000 without the usual strings attached.

Banks slug borrowers but savings rates crack a decade high

The big four have passed on another rate rise to mortgage holders while savers finally have a shot at earning 6 per cent. But miss the fine print and your bank could pay you just 0.01 per cent.

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