Interest rates at record lows spells bad news for savers. Term deposit rates are likely to fall towards 3 per cent, AMP Capital chief economist Shane Oliver said yesterday. Read full article
Average interest rates on a 180-day term deposit are about 3.89 per cent right now, compared with 5.45 per cent two years ago. Read full article
Term deposits make up about half of the banks' total deposits. In recent years they have gone from being priced at a discount to the RBA's cash rate pre-crisis to a premium. Read full article
There has never been a better time to shop around for deposit accounts with some great offers outside of the big 4 banks. Read full article
In a competitive market where banks are fighting hard to win depositors cash, an excess number of cash accounts aggressively priced to offer decent returns are available... Read full article
Research from financial comparison experts InfoChoice shows that Australian consumers have short-changed themselves of more than $1 billion worth of interest in the past six months. Read full article
The number of term deposit accounts on offer can make it difficult to choose a good deal. But finding the right account is easy with InfoChoice. Whether you want to invest your money into a short or long-term deposit account, InfoChoice allows you to search and compare in one place. You can compare features such as access options and read breaking information about term deposit accounts in our news and guides section. You can also work out how much interest you’ll earn by using our term deposit calculator. Some accounts will take you the provider’s website so you can open your account online today.
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