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Savings Banks New 3’Z interest rate welcomed by savers everywhere Now more incentive to save from weekly wages " - JIBE The recent announcement by the Minister of Finance, Look IIOW fast regular ... Mr. Watts, that interest on Savings Accounts had been IHCreaSC . . . increased was good news for wage-earners. From Ist g V-Y-j-rVjv '** May, 1956, interest on Post Office Savings rose ion. interesting table above shows you clearly 2i% to 3%; interest on National Savings will go up rom amou nts, deposited regularly each st X-t- interest rates increased for all these too! Get the Saving habit and see your savings grow. . ■ nij ■or l— opon a or savo through & Now, with these new interest rates i" prance Pohaes or tn "W;™ Thrift ' National J?* yOUr SchOOl add to your Club where jM Savings !g||| ; savings OW IncXX Ihan ever to be money aside to uke care of plans At /□ NatlOnSl L A J-J y OU WOrk R™ ACCOUnt ACCOUnt thrift y- for the years ahead. SaVlllfiS Will SaVlhgS 1 Thrift Clubs are The new rate of If you are still go The quickest and surest way to Last year the Post ce a A ACCOUnt * J linked with the rJ on National ing to school the L —J save a worthwhile sum of money is cord mmt J o than dOUbICyOUF OaChWOOk As from Ist May Post Office Savings Bank, and the new news thaf the interest rate on your ‘accounts V™ if de P osits £4 - 800 ' 000 tO SaVerS throu B hoUt the in W3% per "annum interest rate is savin S eV ' n m °, re attractive ' . lnvest ' «vings account is now 3% may not ZX everv now and then, Dominion. This year, with increas- HIOOSy IO on the first £l.OOO in every account. invested up to £l,OOO. Thrift Clubs ments arc made for a minimum are made just eq interest rates being paid, thrifty On amounts in excess of £l,OOO and are run by many firms. You simply period of 2 years which means that but deposits made week by wee n ._ win Eather in still more O 1 VARI'S T‘a the . ratf ' If J™ tell your pay clerk or accountant how NATIONAL SAVING is the ideal that now it pays you to save-more become “big” money in an amaz- people g wI J VW" already have a deposit book take a form of investment for the long-term , u r that at in.lv short time. The saving habit profit from their savings. l ook at your credit balance. If it is much you want to deposit each week NATJONAL SAV . than ever before. It means that, i, ,«» m.ke up ,our C„„p»und ta .he ’J" INCS » provide ,ou „i.h th. ul.i- .he end ol dr. ,o» U h.ve mor. mind how you want to save. There ve i ope w hy not put a few shillings saver on long-term saving projects. you have never | )een a depositor P»Y and deposite , m your name, in mate means j or trave l, for marriage, mO ney in your savings account than are several ways you can do it- ;de as the start of your sav- If you invest £lOO in National Sav- go to your nearest Post Office Get the Post Office Savings Bank. For full for retirement, house building or any ha ut in . Kee p O n saving! through your Post Office Savings p , an K on adding to those ings and leave it for 21 years, the a Sav-ngs your^^ detaih> cnquire at your nearest Post h project 5> 10> 15 or 20 years ? Account, through a Thrift Club at 81 shini earh week . interest alone would amount to savjngs Office. ahead. EVerY “.“.2 L work by opening a National Sav- more than £lOO. It pays to leave - ~ ings Account, through a Trustee Get the saving habit and see your your .. nest _ egg . in Natio nal Savings ■■ LnkllSaving. Aecoun., b, invwing more ’X jgkJLnff IIW SStVlflg ll&Dll •« • ■ want your money for holidays, for y ' Ll tssern ar a MA VOUP fiPOW I NEW ZEALAND SAVINGS COMMITTEE spend _ w ; t h INTEREST 1 i I jf O & -■ —l— < Iwr L

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https://paperspast.natlib.govt.nz/newspapers/CHP19560605.2.43.1

Bibliographic details

Press, Volume XCIII, Issue 27986, 5 June 1956, Page 7

Word Count
691

Page 7 Advertisements Column 1 Press, Volume XCIII, Issue 27986, 5 June 1956, Page 7

Page 7 Advertisements Column 1 Press, Volume XCIII, Issue 27986, 5 June 1956, Page 7