2026-01-04 14:25:24

A few days ago at the bank, I was handling some business and casually inquired about the latest deposit interest rate trends. The current fixed deposit rates for regular customers are as follows: for amounts over 30,000, only 1.33% for one year, and just 1.65% for three years. When chatting with the bank manager, he revealed that these rates won't last long and are expected to be adjusted to around 0.8% soon. This is the situation at local banks; the big four banks generally have even lower rates.

Honestly, seeing these numbers was a bit shocking. Putting hard-earned money into a deposit, and after a year, the returns can't even keep up with inflation; a three-year term is even more laughable. Someone asked me why I still bother with fixed deposits. I'm starting to think about that question myself now. Traditional savings are becoming less attractive, which is no surprise as more people begin to explore other asset allocation options, such as the crypto markets. The market performance of assets like Bitcoin and Ethereum, compared to these pathetic fixed deposit rates, indeed gives people more room for reflection.

BTC-1,1%

ETH0,88%

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ForkItAllDay

· 6h ago

1.33%？Really? Saving for three years is even worse than inflation eating away at it. This bank is robbing people, right? This interest rate is dropping? No wonder more and more people are going all-in on crypto. Even with Bitcoin's volatility, it's still better than locking in a fixed deposit. 0.8%? That's hilarious. My USDC lending rate is higher than that. What do I need a fixed deposit for? Banks have long needed to change their tactics. Putting money there just leads to depreciation. By the way, the Big Four banks are even more stingy. It's definitely time to consider other investment options.

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ArbitrageBot

· 01-04 14:54

0.8%? Laughing to death, might as well hoard coins.

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Ser_Liquidated

· 01-04 14:45

0.8% LOL, might as well just buy Bitcoin and gamble, since keeping money in the bank is just slowly losing value.

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WinterWarmthCat

· 01-04 14:30

1.33%？Laughing to death, might as well just lie flat and go all in on Bitcoin 2. 0.8%？Banks are clearly robbing people openly, no wonder everyone is rushing to the crypto world 3. Traditional savings are dead, my money has already jumped on the train 4. Three years at 1.65%, this return is even worse than my half-year ETH gains haha 5. The speed of interest rate cuts can't keep up with the rise in crypto prices, and some people still play fixed deposits, really 6. Banks are starting to admit they are bad? Just say it directly, come to the crypto world, brothers 7. Inflation eats half, banks eat half, and only lying flat remains 8. Wait, did you say the governor hinted at a rate cut? That’s an unusual signal 9. 1.33% really, I might as well gamble on shitcoins 10. Deposits have become a burden, everyone needs to wake up to asset allocation

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