Once Again, AIA is offering the highest guaranteed interest up to 4.7% per year. This product is a 4.5 year non-participating Endowment plan.
The guaranteed yields are as follows:
Single Premium Amount (A$)
- $10,000 – $29,000 : 4.50% p.a.
- $30,000 – $74,000 : 4.60% p.a.
- $75,000 and above : 4.70% p.a.
However, the catch is this product is based in Australian dollars (A$) and hence the maturity amount will also be paid in Aussie dollars. This product is suitable for those who are aware of the risk involved in currency fluctuation and of course especially geared towards those who have long term plan to live or study in Australia.
There is an alternative without any locked-in period and you can do it online.
ReplyDeletewww.ingdirect.com.au/savings/savings_products/savings_maximiser.htm