Our service provides instant responses to the consumer question: who provides the best interest rate for my money and what is that rate?
It is an interest rate maximiser. It enables the consumer to optimse the interest rate for the respective investment dollar and expected investment term.
This is done by enabling interested banks to bid for the prospective term deposit by supplying a competitive interest rate for the consumer to select.
Our next iteration will include a 'max manager' product allowing us to identify the client enabling easier switching between institutions and removing this compliance need for banks to perform.