Picking the right bank account can help your savings grow faster

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SPONSORED | Discovery Bank shares three reasons why a notice savings account is a smart choice right now. Discovery_SA

29 June 2022 - 13:45

In such a climate, notice deposit accounts provide unique benefits like higher interest rates compared to short-term savings, and their rates flex with market rates so clients can take advantage of rising interest rates, as opposed to fixed deposit accounts where the rate is fixed. To get into a regular savings habit, it is highly recommended to keep your money in a dedicated savings account separate from your transactional bank account“To get into a regular savings habit, it is highly recommended to keep your money in a dedicated savings account separate from your transactional bank account. It helps you to stay disciplined for longer because you see the money as separate, not extra.

 

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